Latest news with #roadtesting
Yahoo
28-07-2025
- Automotive
- Yahoo
Pony AI (PONY) Soars 16.3% on Robotaxi Roadtest Milestone
We recently published . Pony AI Inc. (NASDAQ:PONY) is one of the biggest performers recently. Pony AI soared by 16.29 percent week-on-week, to $15.13 from $13.01 on July 18, as investors cheered its achievement of a 2-million-kilometer road testing, which supported its firm position in the robotaxi industry, particularly in level 4 autonomous driving. The 2-million mark was a significant achievement for Pony AI Inc. (NASDAQ:PONY) as the company moves aggressively into preparations for more vehicle launches in line with its expansion plans. Following the road test milestone, Pony AI Inc. (NASDAQ:PONY) announced on Saturday, July 26, that it officially received a permit to operate fully driverless robotaxi services at the Pudong New Area in Shanghai. Photo by Samuele Errico Piccarini on Unsplash According to the company, its approval made it the only company with a fully driverless commercial Robotaxi service permits in all four of China's tier-one cities—Beijing, Shanghai, Guangzhou, and Shenzhen. It said expansion plans will follow in the core business districts of Jinqiao and Huamu. While we acknowledge the potential of 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Yahoo
24-07-2025
- Automotive
- Yahoo
Why Pony AI Stock Surged More Than 7% Higher Today
Key Points It has launched a pilot program in Beijing. A number of cars made by Beijing Automotive Industry Corp. and powered by its technology will be tested on the streets of the city. 10 stocks we like better than Pony Ai › Autonomous driving technology specialist Pony AI (NASDAQ: PONY) had a fine Wednesday on the stock exchange, following news of the launch of an important pilot project in its native China. With that, investors turbocharged the stock, sending it more than 7% higher in value. That was more than good enough to top the 0.8% rise of the bellwether S&P 500 index. Big news in Beijing That morning, Pony AI reported that vehicles powered by its self-driving technology and manufactured by Beijing Automotive Industry Corp. (BAIC) have begun road testing in Beijing. The seventh-generation BAIC robotaxis will be put through their paces in the capital city's specialized High-Level Autonomous Driving Demonstration Zone. In the press release touting the news, Pony AI didn't hesitate to point out that with the launch, the current generation of BAIC robotaxis and similar vehicles equipped with the company's technology from Guangzhou Automobile Group are being live-tested in Guangzhou, Shenzen, and Beijing. In the company's words, "This multi-city road testing rollout highlights the stability and adaptability of Pony AI's autonomous driving system across various vehicle platforms and urban environments." A 1,000-car goal Pony AI added that the rollout is pushing it closer to its ultimate goal of expanding its autonomous fleet to 1,000 automobiles by the end of this year. With that, it'll have a solid foundation for a large-scale commercial launch in the future, likely within a short space of time. Pony AI is a speculative investment at present, but given the eagerness with which the ever-influential Chinese authorities have embraced modern transportation solutions, I'd give the company a good chance to succeed. This is certainly a stock to watch. Should you buy stock in Pony Ai right now? Before you buy stock in Pony Ai, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Pony Ai wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $641,800!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,023,813!* Now, it's worth noting Stock Advisor's total average return is 1,034% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Pony AI Stock Surged More Than 7% Higher Today was originally published by The Motley Fool 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
23-07-2025
- 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
