UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2025 Commission file number: 001-42409 Pony AI Inc. (Exact Name of Registrant as Specified in Its Charter) 1301 Pearl Development Building 1 Mingzhu 1st Street, Hengli Town, Nansha District Guangzhou, People's Republic of China, 511458 (Address of Principal Executive Offices) Indicate by check mark ...

Core Insights - Pony AI Inc. has announced a strategic partnership with Tencent Cloud to advance autonomous driving technology and accelerate the commercialization of Robotaxi services [1][4] - The collaboration aims to integrate Pony.ai's Robotaxi services into Tencent's Weixin "Mobility Services" platform and Tencent Maps, expanding user reach and enhancing user experience [2][4] - Pony.ai will utilize Tencent's strengths in cloud computing, big data, and AI to improve its PonyWorld virtual model, focusing on developing a high-performance testing and simulation platform for autonomous vehicle development [3][4] Company Overview - Pony AI Inc. is recognized as a global leader in the commercialization of autonomous mobility, leveraging its vehicle-agnostic Virtual Driver technology to create a sustainable business model for mass production and deployment of autonomous vehicles [5] - Founded in 2016, Pony.ai has expanded its operations across various regions, including China, Europe, East Asia, and the Middle East, ensuring widespread accessibility to its advanced technology [5] Tencent Cloud Overview - Tencent Cloud is one of the leading cloud companies globally, dedicated to providing innovative solutions for digital transformation across various industries, including transportation [6] - The company offers stable and secure cloud products and services, utilizing advancements in cloud computing, big data analytics, AI, IoT, and network security [6]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

Group 1 - Xiaohongshu announced the cancellation of employee non-compete agreements and the "big and small week" work schedule, effective May 1, aiming to foster long-term relationships with employees [4] - Baichuan Intelligence is undergoing significant organizational changes, with key executives leaving, indicating a shift in business focus [6] - Alibaba Cloud has adjusted its channel policy for the new fiscal year, eliminating quarterly renewal rates and merging annual commissions with growth incentives [6][8] Group 2 - Himalaya is reportedly considering a sale, with its valuation halved compared to three years ago, and internal management issues arising from a dual CEO model [11][12] - Pony.ai triggered trading restrictions due to insufficient short-selling pools, with significant stock price volatility observed [13] - Light Chaser Animation is expanding into the gaming industry and plans to create a theme park similar to Disney in China [18] Group 3 - Apple is restructuring its mysterious robotics division, removing it from the AI department, indicating challenges in its AI strategy [27][28] - Intel is reportedly splitting its DCAI division into separate teams for CPU and AI accelerators, reflecting a strategic shift in its operations [30]

Group 1 - Xiaohongshu announced the cancellation of employee non-compete agreements and the "big and small week" work schedule, effective May 1, aiming to foster long-term relationships with employees [4] - Baichuan Intelligence is undergoing significant organizational changes, with key executives leaving, indicating a shift in business focus [6] - Alibaba Cloud has adjusted its channel policy for the new fiscal year, eliminating quarterly renewal rates and merging annual commissions with growth incentives [6][8] Group 2 - Himalaya is reportedly considering a sale, with its valuation halved compared to three years ago, and internal management issues arising from a dual CEO structure [11][12] - Pony.ai triggered trading restrictions due to insufficient short-selling pools, with significant stock price volatility observed [13] - Light Chaser Animation is expanding into the gaming industry and plans to create a theme park similar to Disney in China [18] Group 3 - BYD has invested in the domestic leader in tactile perception technology, Paxi, marking a strategic move into robotics [19] - Apple is restructuring its AI and robotics divisions, with leadership changes indicating a response to competitive pressures in the AI sector [28] - Intel is reportedly splitting its DCAI division into separate teams for CPU and AI accelerators, reflecting a strategic focus on distinct product lines [30]

Market Overview - US stock indices experienced a significant rise for the third consecutive trading day, with the Dow Jones up 486.83 points (1.23%), Nasdaq up 457.99 points (2.74%), and S&P 500 up 108.91 points (2.03%) on April 24 [1] Technology Sector Performance - Major tech stocks saw substantial gains, with Tesla, Amazon, and Microsoft rising over 3%, while Google and Meta increased by more than 2%, and Apple rose nearly 2% [2] - The semiconductor sector led the gains, with Micron Technology and Broadcom up over 6%, Intel and AMD rising over 4%, and Nvidia increasing by more than 3% [2] - Nvidia's market capitalization increased by $90.8 billion (approximately ¥661.8 billion) in one night [2] Company Earnings Reports - Alphabet (Google's parent company) reported Q1 revenue of $90.23 billion, a 12% year-over-year increase, exceeding the expected $89.1 billion. Earnings per share were $2.81, up from $1.89 a year ago, and also above the forecast of $2.01. The operating profit was $30.61 billion, a 20% increase year-over-year, surpassing the expected $28.86 billion. The board authorized a stock buyback of up to $70 billion [6] - Intel reported Q1 revenue of $12.67 billion, a slight decline of 0.4% year-over-year, but above the expected $12.31 billion. Adjusted earnings per share were $0.13, down from $0.18 a year ago, but above the forecast of $0.01. The data center and AI revenue was $4.13 billion, exceeding the analyst expectation of $2.96 billion. Intel projected Q2 revenue between $11.2 billion and $12.4 billion, below the market estimate of $12.88 billion. The company reduced its total capital expenditure target for 2025 from $20 billion to $18 billion, leading to a post-earnings drop of over 7% in its stock [7] Chinese Stocks Performance - The Nasdaq Golden Dragon China Index rose by 0.68%, with notable gains in popular Chinese stocks such as NIO and Futu Holdings, which increased by over 6%, and Pinduoduo, Baidu, NetEase, and Bilibili rising over 2%. Xpeng Motors surged by 39.41%, and ZYBT rose by 34.91% [7][8] Commodity Market - International precious metals futures saw a general increase, with COMEX gold futures rising by 2.04% to $3,361.30 per ounce, and WTI crude oil futures up by 0.84% to $62.79 per barrel [9]

Core Viewpoint - Pony AI, a China-based autonomous vehicle company, has seen its shares increase over 70% following the launch of its seventh-generation autonomous driving system at the Shanghai auto show [1] Group 1: Product and Technology - Pony AI's robotaxis, supported by Toyota, are reported to be 20% to 30% cheaper to produce than those from Waymo, with a 70% reduction in production costs compared to the previous generation [2] - The company's chief technology officer stated that their proprietary PonyWorld technology allows for realistic scenario generation and high-fidelity simulations, enabling autonomous decision-making that surpasses human capabilities [3] - CEO James Peng highlighted that the new autonomous systems are more integrated than Waymo's and benefit from China's mature supply chain, with plans for mass production of 50,000 units by 2028 [3] Group 2: Financial Performance - Pony AI generated approximately $75 million in revenue for 2024 but reported a loss of about $275 million, resulting in a market cap of $2.5 billion, indicating a high valuation [4] Group 3: Market Outlook - Investors are optimistic about the future potential of Pony AI, recognizing the significant opportunities despite the volatility associated with early-stage companies [5]

Group 1: Technology Developments - OpenAI has launched a new image model, gpt-image-1, which is now available via API and has been adopted by major creative platforms like Adobe and Figma. The model features higher precision, diverse visual styles, and advanced image editing capabilities [2] - Tencent has released version 2.5 of its mixed reality 3D generation model, significantly enhancing modeling precision and increasing effective polygon count by over ten times [4] - Intel has announced a new generation of AI-enhanced software-defined vehicle system-on-chip (SDV SoC) at the Shanghai Auto Show, claiming up to a 10x performance improvement over the previous generation [8] Group 2: Corporate Actions and Financials - Apple and Meta have been fined a total of €700 million (approximately ¥58 billion) by the EU for violating the Digital Markets Act [2] - Neuralink, led by Elon Musk, is planning to raise $500 million with a pre-money valuation of $8.5 billion [10] - Jingfeng Mingyuan intends to acquire 100% of Sichuan Yichong Technology for ¥3.283 billion as part of a major asset restructuring [11] Group 3: Automotive Industry Updates - Huawei's first car under the "Shangjie" brand, developed in collaboration with SAIC, is expected to achieve significant sales upon its launch in Q3 2023 [3] - NIO's chairman Li Bin highlighted the importance of three core technologies—intelligent driving chips, universal operating systems, and smart chassis—in enhancing the experience and safety of smart vehicles [5] - GAC Aion and Didi Autonomous Driving have introduced the world's first mass-produced L4 autonomous vehicle, set for mass production by the end of the year [6] Group 4: Market Trends and Consumer Behavior - iQIYI is entering the live-streaming e-commerce space, leveraging its IP content and celebrity resources to tap into its membership base as a potential e-commerce user group [3] - Alibaba's international site has topped the U.S. App Store shopping charts, indicating a significant rise in its download rankings [4] - The establishment of the Greater Bay Area (Dongguan) Artificial Intelligence Alliance aims to enhance AI capabilities and attract over 300 AI-focused enterprises by 2027 [7]

The robotaxi provider announced ambitious plans for a product rollout.Shares of Pony AI (PONY 33.41%) charged sharply higher on Wednesday, surging as much as 36.8%. As of 11:53 a.m. ET, the stock was still up 26%. The catalyst that propelled the Chinese autonomous mobility specialist higher was news of the company's next-generation robotaxi platform and ambitious plans for mass production.Just months awayAt the Shanghai Auto Show, Pony AI introduced the seventh generation of its robotaxi platform. The compa ...

在2025年上海车展首日，全球L4级自动驾驶领军企业小马智行举办了"向新而行"发布会，全球首发第七代车规级自动驾驶软硬件系统方案，三款第七代 Robotaxi家族量产车型也首次集体对外亮相，开启量产征程。 该系统方案100%采用车规级零部件，覆盖从线束、连接器到固态激光雷达、英伟达Orin-X芯片等零部件，这也使得第七代自动驾驶硬件套件的生产物料 （BOM）成本迅速下探，较上一代大幅下降 70%。 在发布会上，小马智行联合创始人、CTO 楼天城宣布了小马智行" 50 万小时全天候全场景"的 Robotaxi 安全运营纪录。 此次小马智行携手丰田、北汽、广汽三家车企的三款Robotaxi首次集体亮相，共同推进 Robotaxi 前装量产，该发布会也成为小马智行继去年11月成为"全球 Robotaxi第一股"后，加速推进L4 Robotaxi量产和服务落地的重要里程碑。 小马智行联合创始人、CEO 彭军在发布会上表示："2025年是Robotaxi量产元年，也是小马智行Robotaxi量产计划——昆仑计划成果落地的一年。" 昆仑山口海拔4767米，空气稀薄，环境严苛，是量产车高寒测试去的海拔最高的地方。"能够成功 ...