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Why Pony AI Stock Skyrocketed on Wednesday
PONYPony Ai(PONY) The Motley Fool·2025-04-23 18:41

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 ...