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小马智行Q2总营收同比涨75.9%,Robotaxi收入增长157.8%,车辆总数突破500台
Hua Er Jie Jian Wen·2025-08-12 10:29

Core Insights - The company has successfully increased its Robotaxi fleet to over 500 vehicles and aims to exceed 1,000 by the end of 2025 [1][6] Financial Performance - For Q2 2025, the company reported revenues of 215 million RMB (approximately 30 million USD), a year-on-year increase of 75.9% and a quarter-on-quarter increase of 53.5% [4][5] - The Robotaxi business generated revenue of 10.9 million RMB (approximately 1.5 million USD), reflecting a year-on-year growth of 157.8%, with passenger fare revenue increasing by over 300% [4][5] - The net loss for Q2 2025 was 533 million RMB (approximately 75 million USD), compared to a net loss of 309 million RMB in Q2 2024, marking a year-on-year increase of about 72.5% [5] - The adjusted net loss was 461 million RMB (approximately 65 million USD), up 52.1% from the previous year [5] Operational Highlights - The company has commenced mass production of its seventh-generation Robotaxi models, achieving over 200 vehicles produced within two months [3][5] - The Robotaxi service has expanded its coverage to major cities including Beijing, Shanghai, Guangzhou, and Shenzhen, with a total operational area exceeding 2,000 square kilometers [4][5] - The company has conducted over 2 million kilometers of testing for its seventh-generation models in various conditions, validating the safety and stability of its L4 autonomous driving system [5] Strategic Initiatives - The company is pursuing global expansion, with plans to initiate road testing in Dubai by 2025 and full unmanned commercial operations by 2026 [6] - In Europe, testing has begun in Luxembourg, with plans for further regional expansion [6] - In South Korea, the company has received national-level autonomous driving testing permits and has expanded testing hours to 24/7 in busy urban areas [6]