小马智行发布2024全年财报，三年总营收15.3亿元

Core Insights - Pony.ai reported a total revenue of 1.53 billion yuan over three years, with 2024 revenue reaching 548 million yuan, a year-on-year increase of 4.3% [1] - The company is focusing on expanding its Robotaxi services in major Chinese cities, with plans to deploy the seventh-generation Robotaxi vehicles by 2025 [1][2] Financial Performance - In 2024, the company achieved a revenue of 548 million yuan (approximately 75.03 million USD), with Q4 revenue at 259 million yuan (approximately 35.5 million USD) [1] - R&D expenses for the year were adjusted to 1.006 billion yuan (approximately 137.8 million USD), reflecting a 14% increase [2] - As of the end of 2024, the company held cash and cash equivalents totaling 6.023 billion yuan (approximately 825 million USD), a year-on-year growth of 39.4% [3] Business Strategy - The company prioritizes Robotaxi business, focusing on first-tier cities in China, and aims to enhance operational capabilities while exploring global market opportunities [1] - The seventh-generation Robotaxi system's production costs have decreased by 70% compared to previous models, with three new models set to launch in 2025 through partnerships with major automotive manufacturers [2] Operational Developments - The company has expanded its Robotaxi services to urban areas and key transportation hubs in cities like Beijing, Guangzhou, and Shenzhen, becoming the first to obtain full regulatory approval for unmanned Robotaxi services in four major cities [3] - In the Robotruck sector, the company initiated the first unmanned cross-province testing and freight service in January 2025 [3] Partnerships and Collaborations - The company has deepened collaborations with upstream and downstream partners, including agreements with BAIC New Energy and GAC Aion for developing L4 Robotaxi models [4] - The company has integrated its Robotaxi services with popular platforms like Alipay and Amap, enhancing user accessibility [4]