Latest news with #PonyAIInc
Yahoo
2 days ago
- Business
- Yahoo
Why Pony AI Inc. (PONY) Crashed On Monday
We recently published a list of . In this article, we are going to take a look at where Pony AI Inc. (NASDAQ:PONY) stands against other worst performers on Monday. Pony AI fell by 9.4 percent on Monday to end at $17.45 apiece as investors sold off positions to mitigate risks from the escalating trade tensions anew between the US and China. Investor sentiment was particularly dampened by renewed fears of Chinese firms' possible delisting from the US stock exchanges given the ongoing trade tensions. A software developer typing on a laptop in a modern office environment. Traders also appeared to have shunned Pony AI Inc.'s (NASDAQ:PONY) recent partnership with Shenzhen Xihu Corp. Ltd. for the deployment of more than 1,000 units of Pony AI's seventh-generation robotaxis in Shenzhen over the next few years. Xihu Group will leverage its strength on fleet and asset operations, safety and service guarantees, and benefit economically from the fleet and asset operations while, Pony AI Inc. (NASDAQ:PONY) will focus on AI technology innovations and scalable Robotaxi dispatch and service Pony AI Inc. (NASDAQ:PONY) is the first company authorized to operate paid fully-driverless robotaxis within Shenzhen's city centers. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Why Pony AI Inc. (PONY) Went Up On Tuesday
We recently published a list of . In this article, we are going to take a look at where Pony AI Inc. (NASDAQ:PONY) stands against other best-performing stocks. Pony AI soared by 22.63 percent on Tuesday to finish at $21.35 apiece following news that it partnered with Dubai's Roads and Transport Authority (RTA) to deploy its advanced robotaxi fleet in the region. Pony AI Inc. (NASDAQ:PONY) said the partnership supports Dubai's 2030 Smart City Vision, which targets to transition 25 percent of its transportation to autonomous mode by 2030. According to the company, initial supervised trials are set to launch in 2025, followed by fully driverless operations in 2026. A group of robotic vehicles navigating a terrain autonomously utilizing the company's 3D vision technology. Additionally, Pony AI Inc. (NASDAQ:PONY) plans to start mass production and deployment of its seventh-generation robotaxis in the second half of 2025, as well as ramp up its robotaxi fleet globally to thousands of vehicles within the next two years. The company also said that it collaborated with industry leaders such as Toyota, GAC Motor, and BAIC Motor to develop its seventh-generation robotaxis. Overall, PONY ranks 1st on our list of best-performing stocks. While we acknowledge the potential of PONY, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and that has 10,000x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Automotive
- Yahoo
Pony AI Gears up to Launch Robotaxi in the UAE
Pony AI Inc. (NASDAQ:PONY) has achieved a significant milestone in its push for growth in the Middle East as part of its global expansion plan. On May 27, the company inked a strategic collaboration with Dubai's Roads and Transport Authority. The agreement paves the way for the company to deploy its advanced robotaxi fleet in the United Arab Emirates. A high-tech manufacturing plant bustling with robotic arms producing auto parts. Dubai has set ambitious goals under its 2030 Smart City Vision, aiming to transition 25% of all journeys to autonomous vehicles by 2030. Through this partnership, will introduce its cutting-edge autonomous driving technology to the city in a multi-phase rollout, beginning with supervised trials in 2025 and progressing to full driverless operations in 2026. intends to integrate its robotaxi services with Dubai's transport network, which currently includes metro, tram, and maritime routes. Its robotaxis are designed to complement existing infrastructure to enable smoother journeys and reduce carbon footprint. As a pioneer in autonomous mobility, is gearing up to mass-produce and deploy its seventh-generation robotaxis starting in the second half of 2025. The company's state-of-the-art autonomous driving system, recently showcased at Auto Shanghai 2025, features a highly advanced AD kit hardware suite that achieves a 70% reduction in production costs while maintaining automotive-grade quality. While focus is on launching autonomous taxis in the United Arab Emirates, also plans to ramp up its robotaxi globally within the next two years. The company has already secured permits to launch in four major markets: the US, China, South Korea, and Luxembourg. Technological maturity, operational readiness, and advanced vehicle engineering support the accelerated rollout globally. Pony AI is a leader in autonomous driving, combining AI and mobility solutions to revolutionize transport. Operating driverless robotaxis and autonomous trucks, the company has established a strong market presence in China and the U.S., advancing self-driving technology for urban and logistics applications. While we acknowledge the potential of Pony AI Inc. (NASDAQ:PONY) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Automotive
- Yahoo
Pony AI Gears up to Launch Robotaxi in the UAE
Pony AI Inc. (NASDAQ:PONY) has achieved a significant milestone in its push for growth in the Middle East as part of its global expansion plan. On May 27, the company inked a strategic collaboration with Dubai's Roads and Transport Authority. The agreement paves the way for the company to deploy its advanced robotaxi fleet in the United Arab Emirates. A high-tech manufacturing plant bustling with robotic arms producing auto parts. Dubai has set ambitious goals under its 2030 Smart City Vision, aiming to transition 25% of all journeys to autonomous vehicles by 2030. Through this partnership, will introduce its cutting-edge autonomous driving technology to the city in a multi-phase rollout, beginning with supervised trials in 2025 and progressing to full driverless operations in 2026. intends to integrate its robotaxi services with Dubai's transport network, which currently includes metro, tram, and maritime routes. Its robotaxis are designed to complement existing infrastructure to enable smoother journeys and reduce carbon footprint. As a pioneer in autonomous mobility, is gearing up to mass-produce and deploy its seventh-generation robotaxis starting in the second half of 2025. The company's state-of-the-art autonomous driving system, recently showcased at Auto Shanghai 2025, features a highly advanced AD kit hardware suite that achieves a 70% reduction in production costs while maintaining automotive-grade quality. While focus is on launching autonomous taxis in the United Arab Emirates, also plans to ramp up its robotaxi globally within the next two years. The company has already secured permits to launch in four major markets: the US, China, South Korea, and Luxembourg. Technological maturity, operational readiness, and advanced vehicle engineering support the accelerated rollout globally. Pony AI is a leader in autonomous driving, combining AI and mobility solutions to revolutionize transport. Operating driverless robotaxis and autonomous trucks, the company has established a strong market presence in China and the U.S., advancing self-driving technology for urban and logistics applications. While we acknowledge the potential of Pony AI Inc. (NASDAQ:PONY) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Jim Cramer on Pony AI (PONY): 'You Can Ride It'
We recently published a list of . In this article, we are going to take a look at where Pony AI Inc. (NASDAQ:PONY) stands against other stocks that Jim Cramer discussed recently. A caller inquired if they should hold Pony AI Inc. (NASDAQ:PONY) stock for the long haul or dump it and run while they can. Here's what Mad Money's host had to say: 'It had great revenues. I mean, I would've told you, let's swap out of that and go into Tesla. But you know what? You can ride it… This is a young person's stock. An older person stock will want Tesla, okay. Because it's not clear to me that this company's sustainable. But that's a nice call by that gentleman.' Pony AI (NASDAQ:PONY) develops autonomous driving technologies and offers services such as robotaxi and robotruck operations, vehicle integration, and software solutions. Additionally, the company provides intelligent driving systems, licensing, and vehicle-to-everything products aimed at improving transportation and road safety. Bespoke software code running on a computer terminal, displaying the complex nature of the software-as-a-service platform. Pony AI (NASDAQ:PONY) reported unaudited financial results for the first quarter of 2025 on May 20. It reported total revenues of $14 million (RMB101.6 million), an 11.6% rise from $12.5 million in the same period a year earlier. The increase was largely due to significant growth in revenue from Robotaxi services. For the quarter, the company posted a non-GAAP basic and diluted net loss per ordinary share of $0.10 (RMB0.73), which was an improvement from a net loss of $0.28 per share in the first quarter of 2024. Overall, PONY ranks 9th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of PONY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
