- Pony AI's seventh-generation robotaxi achieved unit economics breakeven in Shenzhen, with an average of 23 daily orders per vehicle.
- This marks the company's second validation in a major Chinese city following its November 2025 success in Guangzhou.
Pony AI (NASDAQ: PONY) announced that its seventh-generation robotaxi achieved profitability per vehicle in Shenzhen in February.
This marks a key commercial breakthrough for the Chinese autonomous driving startup in its second tier-one city, following achieving this milestone in Guangzhou in November 2025.
Driven by sustained growth in user demand, Pony AI's Shenzhen fleet achieved an average daily net revenue per vehicle of 338 yuan ($49) as of February 28, according to a Monday statement.
During this period, Pony AI's Shenzhen vehicles averaged 23 daily orders per vehicle, matching the order volume performance achieved during its break-even point in Guangzhou.
Since launching commercial operations in Shenzhen last March, Pony AI has expanded its operational coverage in the city from an initial 21.7 square kilometers to 167.4 square kilometers.
This service expansion fueled a surge in user scale. As of February 16, Shenzhen's paid order volume for the year had already surpassed the city's total for all of 2025, the company said.
During the 2026 Spring Festival holiday, Shenzhen's average daily paid orders per vehicle reached 26, significantly higher than last year's national average of 15 orders per vehicle per day.
The shift to profitability also benefited from substantial cost reductions, with its seventh-generation system utilizing fully automotive-grade components, cutting material costs by about 70% compared to the previous generation.
In its November 2025 earnings report, Pony AI said its goal is to expand its robotaxi fleet to over 3,000 vehicles by the end of 2026.
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