Latest news with #autonomousmobility
Yahoo
4 days ago
- Automotive
- Yahoo
UBS Says Pony AI (PONY) Is Best Positioned for Robotaxi Commercialization in China
Pony AI Inc. (NASDAQ:PONY) is one of the. On August 4, UBS analyst Paul Gong initiates coverage on the stock with a Buy rating and a $20 price target. According to UBS analysts, Pony is best positioned for China's robotaxi commercialization considering it is the only robotaxi company to initiate commercial fee-charging and driverless operations in all four tier-one Chinese cities. The firm came away impressed from test drives, particularly looking at the company's ability to handle complicated road situations without human help. Photo by Samuele Errico Piccarini on Unsplash 'We initiate coverage with a Buy rating and a PT of US$20, implying 53% upside potential. Pony is the first and only robotaxi company to start commercial fee-charging and driverless robotaxi operations in all four tier 1 cities in China. During our test drives in Guangzhou and Shenzhen, Pony impressed us with its capability in handling complicated road situations without human intervention. We forecast a 2025-30 sales CAGR of 96% on Pony's robotaxi technology and operating scaling efforts.' Pony AI Inc. (NASDAQ:PONY) specializes in autonomous mobility, offering AI-driven robotruck and robotaxi services, intelligent driving software, and vehicle integration solutions. While we acknowledge the potential of PONY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Must-Watch AI Stocks on Wall Street and Disclosure: None. Sign in to access your portfolio
Yahoo
26-07-2025
- Automotive
- Yahoo
PONY AI Inc. Among the First to Receive Permit for Fully Driverless Commercial Robotaxi Services Shanghai's Pudong New Area
SHANGHAI, China, July 26, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (' or the 'Company') (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced that it has received a permit to provide fully driverless commercial Robotaxi services of Shanghai's Pudong New Area, issued at the World Artificial Intelligence Conference ('WAIC') 2025. This achievement demonstrates not only increasing regulatory trust and recognition in the Company's technology and safety standards, but also represents another major milestone in advancing Robotaxi commercialization in a top-tier urban market in China. is among the first companies to receive this approval, making it the only company with fully driverless commercial Robotaxi service permits in all four of China's tier-one cities—Beijing, Shanghai, Guangzhou, and Shenzhen. The Company will launch fully driverless ride-hailing services, starting in the core business district of Jinqiao and Huamu before expanding to other regions. This milestone demonstrates technological and operational readiness and solidifies its leadership in advancing autonomous mobility in China — further accelerating the integration of self-driving technology into Shanghai's urban ecosystem. With a population of over 5 million people across nearly 1,400 square kilometers, Pudong New Area is home to key financial institutions, multinational corporations, and high-tech innovation hubs, serving as a gateway to China's economy for the world. The newly opened area in Jinqiao and Huamu represents the strategic core area of Pudong New Area. In particular, Huamu is located less than 3 kilometers from Lujiazui, the heart of Shanghai's financial district and luxury retails. This close proximity enables to engage with premium users and unlock substantial commercial opportunities in the future. About Pony AI Inc. Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates proprietary software, hardware, and services, is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. For more information, please visit: Safe Harbor Statement This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to,' and similar statements. Statements that are not historical facts, including statements about beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in filings with the SEC. All information provided in this press release is as of the date of this press release, and does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: RelationsEmail: ir@ RelationsEmail: media@ Christensen AdvisoryEmail: pony@ 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
23-07-2025
- Automotive
- Yahoo
PONY AI Inc. Starts Gen-7 Robotaxi Road Testing In Beijing, Completing Major City Testing Rollout
BEIJING, China, July 23, 2025 (GLOBE NEWSWIRE) -- PONY AI Inc. (' or the 'Company') (Nasdaq: PONY), a global leader in large-scale autonomous mobility, today announced that the seventh-generation ('Gen-7') Beijing Automotive Industry Corporation ('BAIC') Robotaxi model began road testing in Beijing. With multiple Gen-7 Robotaxi models now undergoing road testing, is making significant progress to advance toward large-scale production and commercial deployment. The BAIC Robotaxi fleet is now operating within Beijing's 225-square-kilometer High-Level Autonomous Driving Demonstration Zone. With this development, road testings of Gen-7 BAIC and Guangzhou Automobile Group ('GAC') Robotaxi models are concurrently taking place in Beijing, Guangzhou, and Shenzhen. This multi-city road testing rollout highlights the stability and adaptability of autonomous driving system across various vehicle platforms and urban environments. This is rapidly driving closer to its goal of expanding its fleet to 1,000 vehicles by the end of 2025, laying a strong foundation for future large-scale commercial deployment. About Pony AI Inc. Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates proprietary software, hardware, and services, is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. For more information, please visit: Safe Harbor Statement This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to,' and similar statements. Statements that are not historical facts, including statements about beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in filings with the SEC. All information provided in this press release is as of the date of this press release, and does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: RelationsEmail: ir@ RelationsEmail: media@ Christensen AdvisoryEmail: pony@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
10-07-2025
- Automotive
- Yahoo
PONY AI Inc. Begins Mass Production and Road Testing of Multiple Gen-7 Robotaxi Models
NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (' or the 'Company') (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced that its seventh-generation ('Gen-7') Robotaxi recently entered mass production for multiple models and began road testing. This milestone brings significantly closer to its goal of expanding its fleet to 1,000 vehicles by the end of 2025, laying a strong foundation for future large-scale commercial deployment. After unveiling its Gen-7 autonomous driving system at the Shanghai Auto Show in April, commenced mass production of the Guangzhou Automobile Group ('GAC') and Beijing Automotive Industry Corporation ('BAIC') Gen-7 Robotaxi models in June and July, respectively. The seamless integration of leading autonomous driving technology into both GAC and BAIC vehicles highlights the strength of these partnerships, while ensuring the highest standards of quality and safety throughout component sourcing, pre-installation, and final assembly. Shortly after mass production, also began road testing in Guangzhou and Shenzhen. These achievements demonstrate the operational synergies, marking a critical transition from laboratory and closed-track validation to real-world traffic environments. The Gen-7 autonomous driving system delivers three major advancements: it is the world's first to utilize 100% automotive-grade components, achieve a 70% reduction in bill-of-materials ('BOM') costs for the autonomous driving kit ('ADK') compared to the previous generation, and feature an enhanced platform-based design that enables rapid adaptation across multiple vehicle models. Marking 2025 as its 'year of mass production,' the Company is on track to build a fleet of more than 1,000 vehicles by year-end — paving the way for scalable growth and substantial commercial opportunities. About Pony AI Inc. Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates proprietary software, hardware, and services, is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. For more information, please visit: Safe Harbor Statement This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to,' and similar statements. Statements that are not historical facts, including statements about beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in filings with the SEC. All information provided in this press release is as of the date of this press release, and does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: RelationsEmail: ir@ RelationsEmail: media@ Christensen AdvisoryEmail: pony@
Yahoo
09-07-2025
- Automotive
- Yahoo
Pony AI (PONY) and Dubai RTA Reveal Next Step in Autonomous Vehicle Rollout
Pony AI Inc. (NASDAQ:PONY) is one of the . On July 7, PRNewswire and several other news sources reported that and Dubai's Roads and Transport Authority (RTA) recently held a reveal ceremony of Robotaxi in Dubai. The ceremony aimed to strengthen the partnership between the two, advancing Level (L4) autonomous mobility solutions. The partnership builds on their collaboration from last year, confirming that they will continue to work together to bring advanced self-driving technology to Dubai's transportation system. The said alliance aims to enhance urban mobility efficiency, decrease traffic congestion, and form sustainable transportation models. This, in turn, supports Dubai's vision to transform 25% of all journeys in the city into autonomous trips by 2030. A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle. 'The collaboration with Dubai RTA exemplifies our commitment to deploying Level 4 autonomous technology in strategic global markets. By aligning our technological capabilities with RTA's visionary leadership, we're establishing foundational standards for intelligent transportation ecosystems across the MENA region.' – CFO Dr. Leo Wang Pony AI Inc. (NASDAQ:PONY) specializes in autonomous mobility, offering AI-driven robotruck and robotaxi services, intelligent driving software, and vehicle integration solutions. While we acknowledge the potential of PONY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term 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
