Workflow
小马智行第二季度净亏损同比扩大72.49%

Group 1 - The core viewpoint of the news is that Pony.ai reported significant revenue growth in Q2 2025, but also experienced an increase in net losses, highlighting the challenges in the autonomous driving industry [1][2]. - Pony.ai's total revenue for Q2 reached 154 million RMB (approximately 21.5 million USD), marking a year-on-year increase of 75.9% and a quarter-on-quarter increase of 53.5% [1]. - The net loss for Q2 was 53.3 million USD (around 382 million RMB), which is a 72.5% increase compared to the same period last year [1][2]. Group 2 - The increase in losses is attributed to higher investment and R&D expenses related to the seventh-generation Robotaxi production project, with R&D expenses for Q2 amounting to 49 million USD, a 69% increase from the previous year [2]. - Pony.ai aims to achieve a target of 1,000 Robotaxi vehicles by the end of this year, with over 200 units of the seventh-generation model already produced [3]. - The company is also working towards reducing operational costs, with vehicle insurance costs currently at half of that of traditional taxis, which could help in achieving breakeven [3]. Group 3 - Pony.ai is expanding its Robotaxi services in major cities like Beijing, Shanghai, Guangzhou, and Shenzhen, and is also making strides in international markets, including the Middle East, Europe, and Asia [4]. - In the Middle East, Pony.ai has partnered with Dubai's road traffic management for testing, aiming for commercial operations by 2026 [4]. - The company has received national-level autonomous driving testing permits in South Korea, expanding testing hours to 24/7 since April [4].