Group 1 - The Nasdaq Golden Dragon China Index has added Pony.ai as its only autonomous driving company, effective June 23, 2025, which is expected to attract more global investors [1][4] - The index now consists of 73 constituents, with significant representation from technology, consumer services, and electric vehicles [2] - The Nasdaq Golden Dragon China Index serves as a benchmark for Chinese companies listed on U.S. exchanges, providing global investors exposure to China's economy [3] Group 2 - Pony.ai operates a Robotaxi fleet of approximately 300 vehicles across major Chinese cities, handling various traffic scenarios [4] - The company launched its 7th generation autonomous driving system, which uses 100% automotive-grade components, reducing BOM costs by 70% [5] - Pony.ai plans to increase its fleet to 1,000 units by the end of 2025, with mass production of its gen-7 robotaxis expected in the second half of 2025 [5] Group 3 - Following the announcement of its index inclusion, Pony.ai's shares rose by 16.7% to $13.3, while the Nasdaq Golden Dragon China Index increased by 3.3% [6]
Pony.ai Added to Nasdaq Golden Dragon China Index, Shares Surge 16.7%