Core Insights - The company reported a significant revenue growth of 60.8% year-on-year for Q2 2025, reaching 1.27 billion RMB (178 million USD), indicating strong business momentum [1] - The net loss decreased to 406.4 million RMB compared to 413.6 million RMB in the same period last year, showing improvement in financial performance [1] Revenue Breakdown - Product revenue surged by 309.6% to 59.8 million RMB (8.3 million USD), primarily driven by increased sales of Robotaxi and robotic cleaning vehicles, partially offset by a decline in robotic bus sales [1] - Service revenue grew by 4.3% to 67.4 million RMB (9.4 million USD), mainly due to an increase in smart data service revenue and autonomous driving-related operational and technical support services, despite a decrease in ADAS R&D service revenue [1] - Robotaxi revenue reached 45.9 million RMB (6.4 million USD), marking an impressive 836.7% increase and the highest quarterly revenue since the company's inception, contributing 36.1% to total revenue [1] Market Expansion - The company announced the acquisition of the first autonomous driving license in Saudi Arabia, making it the only tech company globally with autonomous driving licenses in six countries [2] - A pilot operation in Riyadh, in collaboration with Uber and local partner AiDriver, has commenced, covering key areas including King Khalid International Airport [2] - The full commercial operation of Robotaxi services in Riyadh is expected to be provided by Uber and the company by the end of 2025 [2] Technological Advancements - The company successfully obtained approval for a public road demonstration of driverless ridesharing services in Shanghai, marking its entry into the 10th city globally [3] - The showcased Robotaxi model features a self-developed high-performance computing platform and a comprehensive sensor suite, ensuring safety and efficiency for various autonomous driving scenarios [3] Future Outlook - The company is positioned to leverage its technological advantages in L4 autonomous driving and global strategic layout to accelerate the development of a dual ecosystem of "smart mobility + smart freight" [4] - Attention is recommended on the company's overseas market expansion, AI perception technology iterations, and multi-scenario commercialization progress [4]

Group 1 - A new batch of intelligent connected vehicle demonstration operation licenses has been issued, covering both autonomous taxi and smart freight sectors [2] - SAIC's Youdao Zhitu will pioneer L4 level autonomous driving commercial operations in the domestic freight sector, launching the first batch of driverless intelligent heavy trucks based on regulations [2] - Pony.ai is among the first companies to receive the new batch of intelligent connected vehicle demonstration operation licenses, establishing a commercial network for autonomous driving in major cities like Beijing, Shanghai, Guangzhou, and Shenzhen [2] Group 2 - During the ongoing "2025 World Artificial Intelligence Conference," companies like Pony.ai, SAIC Zhiji, Baidu Zhixing, and Chery Automobile are providing L4 level autonomous driving shuttle experience services [4] - Attendees can purchase "special activity tickets" to experience the shuttle service within a carefully planned road network of approximately 30 kilometers around the conference venue [4] Group 3 - WeRide, in collaboration with Chery Automobile and Jinjiang Taxi, has successfully obtained approval to conduct driverless public road passenger transport demonstration services in Shanghai's Pudong New District [5] - The Robotaxi model showcased by WeRide and Chery at WAIC 2025 features a self-developed high-performance computing platform and a sensor suite with over 20 sensors, designed for long-distance and high-frequency autonomous travel [5] - WeRide has achieved Robotaxi operations or testing in 9 cities across 3 countries, covering locations such as Beijing, Guangzhou, and Dubai, with over 2000 days of safe operation [5]