Group 1 - Pony AI Inc. is recognized as one of the best new tech stocks to buy, with Goldman Sachs maintaining a Buy rating and a price target of HK$122.07 [1] - The company announced an expanded partnership with Sunlight Mobility to implement an asset-light model, building on a previous collaboration from June 2024 [2] - This partnership aims to create a scalable, capital-efficient, and rapidly deployable mobility ecosystem to accelerate fleet expansion [2][3] Group 2 - Sunlight Mobility will fund the Gen-7 Robotaxi vehicles, with the initial fleet planned for deployment in Guangzhou by the end of 2025 [3] - The agreement signifies growing market recognition of Pony AI's Robotaxi business model, as more third parties are willing to fund fleet deployment and lease Pony AI's Virtual Driver for commercial operations [4] - The collaborative fleet supply will be integrated into both Pony AI and Sunlight Mobility's platforms, ensuring shared economic benefits [4]
Pony AI Expands Sunlight Mobility Partnership to Accelerate Scalable, Capital-Efficient Fleet Growth