Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Pony AI Inc. due to allegations of materially misleading business information issued by the company [1]. Financial Performance - Pony AI reported unaudited financial results for the quarter and full year ended December 31, 2024, with total revenue of $35.5 million in Q4 2024, a decrease of 29.8% from $50.6 million in Q4 2023, primarily influenced by the timing of project-based revenue recognition [3]. - The company's robotaxi services revenue fell to $2.6 million in Q4 2024, representing a decrease of 61.9% from $6.7 million in Q4 2023, driven by reduced service fees from autonomous vehicle engineering solutions [3]. Market Reaction - Following the announcement of the financial results, Pony AI's American Depositary Shares (ADSs) dropped by $1.07 per ADS, or 8.1%, closing at $12.14 per ADS on March 25, 2025 [3]. Legal Action - Investors who purchased Pony AI securities may be entitled to compensation through a class action lawsuit being prepared by Rosen Law Firm, which operates on a contingency fee basis [2]. - Interested investors can join the class action by submitting a form or contacting the law firm directly [2]. Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest ever against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].

Core Insights - Pony AI Inc. is under investigation by Holzer & Holzer, LLC for potential non-compliance with federal securities laws following the announcement of its unaudited financial results for Q4 and full year 2024 [1] - The company reported a decrease in revenue from robotaxi services in Q4, attributed to reduced service fees from autonomous vehicle engineering solutions due to the progression schedule of collaboration projects [1] - Following the financial results announcement, Pony AI's stock price experienced a decline [1] Financial Performance - For Q4 2024, Pony AI's revenue from robotaxi services decreased, indicating potential challenges in its business model [1] - The decrease in revenue was primarily linked to the company's engineering solutions and collaboration projects, suggesting a need for strategic reassessment [1] Legal Context - Holzer & Holzer, LLC is a law firm specializing in securities litigation, representing shareholders and investors in cases of corporate misconduct [3] - The firm has a history of recovering significant amounts for shareholders affected by fraud, indicating a proactive approach to investor protection [3]

Core Insights - Pony.ai has received authorization to operate paid fully-driverless robotaxis in Shenzhen's Nanshan District, marking a significant milestone for autonomous ride-hailing services in urban centers [1][2] - The expansion connects Nanshan with the existing service zone in Baoan District, addressing the demand for smart mobility solutions in a rapidly innovating area with a high concentration of businesses and commuters [2][3] Company Operations - The new permit allows Pony.ai to establish Shenzhen's first cross-district driverless network, linking key tech hubs in Nanshan with central areas in Baoan, enhancing connectivity for commuters [3] - The company has previously launched robotaxi services in Baoan District, which has a population of over 4 million, further solidifying its presence in Shenzhen [3] Technological Performance - Pony.ai's autonomous fleet has shown exceptional performance in Shenzhen's challenging urban environment, which includes heavy traffic and narrow lanes, indicating the maturity of its technology [4] - The company has accumulated nearly 45 million kilometers in autonomous testing, with 5 million kilometers in driverless mode, showcasing its commitment to innovation [5] Market Position - Pony.ai leads the autonomous mobility sector in China's tier-1 cities, with its robotaxis in Beijing and Guangzhou averaging over 15 daily paid rides per vehicle in the first half of 2024, reflecting growing passenger confidence [5] - The CEO of Pony.ai emphasized the importance of expanding fully driverless services to enhance public adoption and trust in autonomous technology [6] Service Features - Residents in authorized zones can book rides through Pony.ai's app or WeChat mini-program, with services operating daily from 7:30 AM to 10:00 PM, providing a reliable commuting option [6] - The company positions its service as an "all-weather mobility assistant," aiming to integrate autonomous vehicles into everyday life [6][7]

SHENZHEN, China, March 27, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. ("Pony.ai" or the "Company") (NASDAQ:PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced that it has received the license to provide fully driverless commercial Robotaxi services in Shenzhen's Nanshan District. This milestone follows the successful launch of its paid robotaxi services in the neighboring Bao'an District. Pony.ai is the first and only company to receive approval for fully dri ...

NEW YORK, March 27, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Pony AI Inc. (NASDAQ: PONY) resulting from allegations that Pony AI may have issued materially misleading business information to the investing public.So What: If you purchased Pony AI securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Ros ...

Over the past month, investors have sold off all stocks that appear to be richly valued, or overly dependent on future technologies and future revenue streams – basically, the markets have disposed of most things that have any semblance of high risk.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a ...

Pony AI Inc. (NASDAQ:PONY) Q4 2024 Results Conference Call March 25, 2025 8:00 AM ET Company Participants George Shao - Head of Capital Markets & Investor Relations James Peng - Chairman of the Board, Co-founder & Chief Executive Officer Tiancheng Lou - Director, Co-founder & Chief Technology Officer Leo Wang - Founding Member & Chief Financial Officer Conference Call Participants Verena Jeng - Goldman Sachs Ming-Hsun Lee - Bank of America Bin Wang - Deutsche Bank Purdy Ho - Huatai Securities Operator Ladie ...

Pony AI (PONY) Q4 2024 Earnings Call March 25, 2025 08:00 AM ET Company Participants George Shao - Head of Capital Markets & IRJun Peng - Chairman, Co-Founder & CEOTiancheng Lou - Director, Co-founder & CTOHaojun Wang - CFOBin Wang - VP - Investment Banking Conference Call Participants None - AnalystMing Hsun Lee - AnalystPurdy Ho - Chief Analyst for Overseas Technology Operator Ladies and gentlemen, thank you for standing by, and welcome to Pony AI Inc. Fourth Quarter and Full Year twenty twenty four Earni ...

Group 1 - Pony.ai reported a revenue of 548 million yuan for 2024, representing a year-on-year growth of 4.3% [1] - The company's revenue for 2022 and 2023 were 472 million yuan and 510 million yuan respectively, marking three consecutive years of revenue growth [1] - In 2024, Pony.ai's autonomous driving ride-hailing service generated revenue of 53.28 million yuan, while the Robotaxi business achieved a quarterly revenue of 259 million yuan in Q4 [1] Group 2 - The autonomous driving industry is still in a pre-profit state, with WeRide reporting a revenue of 361 million yuan in 2024, down 10% from 402 million yuan the previous year [2] - Mobileye's revenue for 2024 decreased by 20.4% to 1.654 billion USD, with a net loss reaching 3 billion USD [2] - Industry experts emphasize the importance of actual scalable commercial applications and the ability to adapt to new technological changes for autonomous driving companies [2] Group 3 - The profitability plans of autonomous driving companies are now on the agenda, with LoBot planning to achieve break-even in Wuhan by the end of 2024 and full profitability by 2025 [2] - Pony.ai's Robotaxi is expected to reach single-vehicle break-even between 2025 and 2026, with profitability dependent on the speed of Robotaxi deployment [2] - Current regulatory progress and technological advancements may accelerate production capacity ramp-up, potentially leading to profitability before 2029 [2]

Pony AI (PONY) Q4 2024 Earnings Call March 25, 2025 08:00 AM ET Company Participants George Shao - Head of Capital Markets & IRJun Peng - Chairman, Co-Founder & CEOTiancheng Lou - Director, Co-founder & CTOHaojun Wang - CFOBin Wang - VP - Investment Banking Conference Call Participants None - AnalystMing Hsun Lee - AnalystPurdy Ho - Chief Analyst for Overseas Technology Operator Ladies and gentlemen, thank you for standing by, and welcome to Pony AI Inc. Fourth Quarter and Full Year twenty twenty four Earni ...