Pony AI

Pony AI said its seventh-generation robotaxi has achieved city-wide unit economics breakeven in Guangzhou.

Pony AI has partnered with Estonian ride-hailing company Bolt to integrate autonomous vehicles into the latter's European taxi services.

The fourth-generation autonomous truck system reduces per-vehicle material costs by about 70 percent compared to the previous generation, Pony AI said.

As of press time, WeRide fell 12.18 percent and Pony AI dropped 13.96 percent.

Pony AI said the autonomous driving suite for its seventh-generation robotaxi costs 70 percent less than the previous generation.

WeRide CFO alleges Pony AI used deliberately disparaging language about WeRide in its roadshow materials, calling it a deception of investors.

Pony AI has launched 24/7 robotaxi testing in Beijing, Guangzhou, and Shenzhen, extended from the previous hours of 7 am to 11 pm daily.

Pony AI has team up with a local partner to deploy multiple robotaxis for testing in Luxembourg.

Initial supervised trial runs are set to launch in 2025, followed by fully driverless operations in 2026.

Pony AI could be listed in Hong Kong this year, according to Bloomberg.