Pony’s robotaxi, PonyPilot, is available in Beijing, Shanghai, Guangzhou, and Shenzhen, and customers can access the service via a mobile app. The company has been using its sixth-generation automated robotaxi vehicles for several years, and this past November launched its Gen-7 robotaxis. Pony is on track to put 3,000 robotaxis in operation by the end of this year. In addition, Pony has an autonomous robotruck service in operation, on several routes in eastern China.The company’s technology is based on per ...

Core Viewpoint - Pony AI Inc. has received approval for its IPO registration in Hong Kong, intending to issue up to 102,146,500 ordinary shares [1][2]. Company Overview - Founded in December 2016, Pony AI focuses on providing safe, advanced, and reliable full-stack autonomous driving technology, aiming to revolutionize future transportation and achieve the vision of "Autonomous Mobility Everywhere" [5]. Development Milestones - The company established its Silicon Valley R&D center in December 2016 and has since expanded its operations globally, including significant partnerships and technological advancements in autonomous driving [5][7]. - Key achievements include obtaining various autonomous driving licenses in California and China, launching the first Robotaxi service in China, and forming strategic partnerships with major automotive companies like Toyota and GAC [7][8][12]. Recent Developments - In October 2023, Pony AI secured a $100 million investment from Saudi Arabia's New Future City and plans to establish a joint venture [16]. - The company has been actively expanding its testing and operational capabilities, including obtaining licenses for unmanned autonomous driving services in multiple cities [17].