We came across a bullish thesis on Pony AI Inc. on Bullseye Picks’s Substack by Bullseye Investing. In this article, we will summarize the bulls’ thesis on PONY. Pony AI Inc.'s share was trading at $14.43 as of January 29th. Aurora Innovation (AUR) Jumps 13% Ahead of Next Week's Key Data Photo by ThisisEngineering RAEng on Unsplash Pony AI Inc., through its subsidiaries, engages in the autonomous mobility business in the People's Republic of China, the United States, and internationally. PONY represents ...

Group 1 - Pony AI Inc. announced a strategic collaboration with Beijing ATBB Travel & Express Service to expand Robotaxi commercialization in China through a partnership-driven model [1][2] - The collaboration aims to deploy and operate Robotaxi services across top-tier cities in China, including airport venues and business travel scenarios [2] - The Robotaxi fleet will utilize Pony AI's seventh-generation vehicles and will be integrated into both Pony's ride-hailing platform and ATBB's Xinghui Mobility platform [3] Group 2 - Dr. James Peng, Founder and CEO of Pony AI, emphasized the importance of efficient and sustainable deployment of autonomous driving technology as it matures [1] - The partnership is expected to accelerate the adoption of Robotaxi services and strengthen the economics of their operations [1]

Core Insights - Waabi, a self-driving truck startup, has raised a total of $1 billion, which includes $750 million upfront and an additional $250 million from Uber based on deployment milestones [2] Group 1: Company Developments - The funding marks a significant expansion for Waabi into the robotaxi sector, indicating a strategic shift beyond just trucks [2] - Waabi aims to deploy over 25,000 robotaxis, raising questions about the effectiveness of Uber's broad autonomous vehicle partnership strategy [2] Group 2: Industry Context - Uber has over 20 autonomous vehicle partners globally, highlighting the competitive landscape in the autonomous vehicle market [2] - The discussion around Waabi's "simulation-first" approach suggests a potential differentiation in its strategy compared to other players in the industry [3]

Core Insights - Waymo is expanding its fully autonomous ride-hailing services, recently launching rides to San Francisco International Airport and planning to serve additional airport locations in the future [1][2] - The company operates in multiple cities, including Phoenix, San Francisco, Los Angeles, Atlanta, and Austin, with plans for further expansion [3][4] - Waymo is increasing its fleet size and capabilities, opening a new manufacturing facility and integrating sixth-generation self-driving technology into new vehicles [5][6] Expansion and Operations - Waymo has opened fully autonomous rides to the public in various cities, including Phoenix and San Francisco, with plans to expand to more locations [3][15] - The company is also entering new markets, such as Baltimore, St. Louis, New Orleans, Minneapolis, Las Vegas, and San Diego, with manual driving operations already underway [25][30][32] - Future expansions include cities like Nashville, Denver, Seattle, Dallas, Houston, and San Antonio, with plans to launch public rides in 2026 [36][40][41] Technology and Safety - Waymo has driven over 127 million fully autonomous miles, reporting significantly fewer crashes compared to human drivers, with an 88% reduction in serious injury crashes [7][9] - The company is developing its sixth-generation self-driving technology, which aims to enhance vehicle performance in extreme weather conditions [52] - Partnerships with Hyundai and Toyota are set to integrate advanced technology into new electric vehicles, expanding the Waymo One fleet [6][53] Partnerships and Collaborations - Waymo is collaborating with Uber for ride-hailing services in cities like Austin and Atlanta, allowing users to summon Waymo vehicles through the Uber app [20][23] - The company is also working with Avis Budget Group to manage its fleet in Dallas, enhancing operational efficiency [41] - In Tokyo, Waymo is partnering with local taxi services to adapt its technology to the unique driving conditions of the city [50][51]

Core Viewpoint - A Waymo self-driving vehicle was involved in an incident where it hit a child pedestrian near an elementary school, prompting an investigation by the National Highway Traffic Safety Administration (NHTSA) [1][2] Group 1: Incident Details - The incident occurred during normal school drop-off hours, with other children and vehicles present in the vicinity [2] - Waymo reported that the child sustained minor injuries and that the vehicle braked hard, reducing speed from approximately 17 mph to under 6 mph before contact [1][2] - After the incident, the pedestrian walked to the sidewalk, and Waymo called 911, with law enforcement eventually clearing the vehicle to leave [1] Group 2: Company Response and Safety Measures - Waymo emphasized the importance of its safety systems in its blog post, stating its commitment to improving road safety [2] - The NHTSA investigation will assess whether the Waymo robotaxi operated with the necessary caution near an elementary school and adhered to speed limits [2] - Waymo's Safety Impact report claims that its technology has resulted in 88% fewer crashes leading to serious injuries and 78% fewer injury-causing crashes compared to average human drivers over 71 million autonomous miles [4] Group 3: Historical Context and Challenges - Waymo has faced several high-profile incidents, including difficulties navigating construction zones and a previous incident involving a robotaxi hitting a neighborhood cat [3] - The company has made claims that a fully attentive human driver would have made contact with the pedestrian at approximately 14 mph in the same situation [5]

Group 1 - WeRide Inc. (NASDAQ:WRD) is recognized as one of the best autonomous vehicle stocks to buy, with all 13 analysts covering the stock giving it a Buy rating, and a price target of $15.3 set by Jeff Chung from Citi [1] - The company launched the WeRide Go Robotaxi service as a Mini Program within WeChat, allowing over 1 billion users to book fully driverless rides without needing a separate app [2] - The Robotaxi service is currently operational in Guangzhou's Huangpu district, Beijing's Yizhuang district, and Abu Dhabi, contributing to the company's goal of deploying tens of thousands of Robotaxis by 2030 [3] Group 2 - WeRide Inc. provides autonomous driving products and solutions across various industries, including mobility, logistics, and sanitation in China [3]

Group 1 - Pony AI Inc. (NASDAQ:PONY) is recognized as one of the best autonomous vehicle stocks to buy, with 94% of analysts giving it a Buy rating and a 12-month price target indicating over 54% upside potential from current levels [1] - The company has expanded its partnership with BAIC BJEV, focusing on joint Robotaxi development, ecosystem integration, and global expansion to enhance commercialization and growth in autonomous mobility [2] - Together with BAIC BJEV, Pony AI has produced over 600 ARCFOX Alpha T5 Robotaxis using its Gen-7 platform, and plans to mass-produce next-gen Robotaxi models with advanced vehicle designs and in-cabin technology to enhance rider experience [3] Group 2 - Pony AI operates in the autonomous mobility sector across China, the US, and internationally, developing a proprietary Virtual Driver that utilizes a unified AI software stack [4]

Core Viewpoint - Aurora Innovation, Inc. is recognized as a promising investment in the autonomous vehicle sector, with a significant upside potential reflected in analysts' price targets [1]. Group 1: Financial Performance - Aurora Innovation is expected to report approximately $1.47 million in revenue for fiscal Q4 2025, with a GAAP EPS of negative $0.12 [1]. - Analysts project a more than 171% upside from the current stock levels over the next 12 months [1]. Group 2: Strategic Developments - On January 15, Aurora announced the successful and ahead-of-schedule integration of its software into McLeod Software's Transportation Management System, enabling McLeod customers to manage driverless truck capacity [2]. - The integration was completed ahead of schedule due to strong user demand, providing benefits such as seamless tendering, real-time visibility, and automated status updates [3]. - Tom McLeod, founder of McLeod Software, is scheduled to discuss the strategic advantages of this integration later this month [3]. Group 3: Company Background - Aurora Innovation, Inc. is a self-driving technology company based in Pennsylvania, founded in 2017, and is focused on developing the Aurora Driver [3].

Core Viewpoint - Mobileye Global Inc. is recognized as a leading investment opportunity in the autonomous vehicle sector, with analysts maintaining a positive outlook despite recent earnings performance [1][2]. Financial Performance - In Q4 2025, Mobileye reported quarterly revenue of $446 million, reflecting an 8.98% decrease year-over-year, but exceeding estimates by $14.15 million [2]. - The GAAP EPS was $0.16, which fell short of estimates by $0.02 [2]. Future Outlook - Management highlighted a robust future automotive revenue pipeline estimated at $24.5 billion over the next eight years, indicating strong momentum entering 2026 [2]. - Analysts at Raymond James noted that the company shipped 8.3 million systems at an average selling price of $50.80, contributing to performance [3]. - There is an anticipated upside potential for Mobileye in the second half of 2026, driven by the revenue mix from SuperVision products [3]. Analyst Ratings - On January 23, Raymond James reiterated a Buy rating on Mobileye with a price target of $16, while Canaccord Genuity also maintained a Buy rating but reduced its price target from $30 to $24 [1].

Core Insights - Waymo has received approval to operate a robotaxi service to and from San Francisco International Airport (SFO), marking a significant milestone after years of negotiations [1][5] - The service will initially be available to a select number of riders, with plans to expand access to all customers in the coming months [1] - Waymo's operations at SFO are crucial for its business model, which relies on geographic scale and high rider volume [3] Group 1: Operational Developments - Pickups and drop-offs for the robotaxi service will occur at the SFO Rental Car Center, accessible via AirTrain [1] - Waymo has accelerated its expansion efforts, launching services in new cities, increasing its fleet size, and adding more operational areas, including most of the San Francisco Bay Area and parts of Silicon Valley [4] - The company also operates in cities like Atlanta, Austin, Los Angeles, Miami, and Phoenix, including curbside service to Phoenix Sky Harbor International Airport [4] Group 2: Safety Concerns - Waymo faces criticism regarding safety, particularly after an incident where one of its robotaxis struck a child near an elementary school in Santa Monica, leading to an investigation by the National Highway Traffic Safety Administration (NHTSA) [2] - The NHTSA is also investigating Waymo for illegal behavior of its robotaxis around school buses [2] Group 3: Regulatory Milestones - Waymo's journey to operate at SFO included a failed attempt to secure a permit in 2023, followed by a successful negotiation that granted a permit in March 2025 for mapping SFO with data-sharing conditions [5] - In September, Waymo and SFO signed a testing and operations pilot permit, bringing the company closer to commercial operations at the airport [7]