Group 1 - Pony AI Inc. (NASDAQ:PONY) experienced a significant stock increase of 10.94 percent, closing at $16.63, driven by investor optimism regarding potential government intervention in China's economy [1][3] - Recent data indicates that China's factory output and retail sales have shown their weakest growth since last year, prompting expectations for government initiatives to mitigate economic slowdown [2] - Pony AI has partnered with Mowasalat, a major transportation provider in Qatar, to deploy autonomous vehicles, with initial testing of robotaxis underway in Doha [3][4] Group 2 - The trials for Pony AI's autonomous vehicles are focused on adapting its technology to the specific weather, road infrastructure, and traffic conditions in Qatar [4]
Pony AI (PONY) Jumps as Investors Bet on Beijing Intervention on Weak Economy