Group 1 - Pony.ai officially listed on the Hong Kong Stock Exchange on November 6, with a real-time stock price of HKD 120.2 per share, reflecting a decline of 13.53% from the IPO price of HKD 139, resulting in a total market capitalization of HKD 51.355 billion [2] - Founded in 2016, Pony.ai aims to provide safe, advanced, and reliable full-stack autonomous driving technology, with a vision of "Autonomous Mobility Everywhere" [5] - The company launched 24/7 autonomous driving public road tests in Beijing, Guangzhou, and Shenzhen on July 25, and introduced its Robotaxi service in Shanghai on August 1, with a starting fare of RMB 14 for a 3-kilometer trip, and RMB 2.7 per kilometer thereafter, aligning pricing with traditional taxis [5] Group 2 - On November 5, Pony.ai announced the official operation of its seventh-generation Robotaxi in Guangzhou and Shenzhen, allowing users to hail vehicles via the Pony.ai app or mini-program [6] - The new Robotaxi model is based on the Arcfox Alpha T5 and Aion S models, utilizing 100% automotive-grade components, with a design lifespan of 600,000 kilometers [6] - On October 14, the China Securities Regulatory Commission issued a notice approving Pony.ai's overseas IPO application, allowing the company to issue up to 102,146,500 ordinary shares for listing on the Hong Kong Stock Exchange [5]

Core Insights - The article discusses allegations made by WeRide's CFO against Pony.ai regarding misleading information presented to investors during a roadshow [2][4] - It highlights the competitive landscape between the two companies as they both prepare for their respective IPOs [4][5] Group 1: Allegations by WeRide - WeRide accuses Pony.ai of fabricating operational regions, claiming that WeRide provides fully autonomous Robotaxi services in multiple cities, contrary to Pony.ai's assertion that it only operates in Beijing [2] - WeRide refutes claims of operational data falsification, stating it has over 700 Robotaxi vehicles and more than 2,200 days of public operation records [2] - The technical capabilities of WeRide are defended, with evidence from Bosch and Chery supporting its end-to-end production application, while criticizing Pony.ai's claims of superior technology [2] Group 2: Company Backgrounds - Pony.ai, founded in 2016, is focused on providing comprehensive autonomous driving technology and has recently passed the Hong Kong Stock Exchange hearing, marking a significant step towards its IPO [4] - WeRide, established in 2017, aims to revolutionize transportation through autonomous driving technology and offers a range of products from L2 to L4 autonomous driving solutions [4] - WeRide has recently listed on NASDAQ as the first global autonomous driving stock and is preparing for a secondary listing in Hong Kong [5]