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PONY AI Inc. Reaches 300th Gen-7 BAIC Robotaxi Milestone, Advancing Toward 1,000-Vehicle Combined Fleet by Year-End
Globenewswire· 2025-10-24 09:00
Core Insights - Pony.ai has achieved a significant production milestone with the completion of the 300th ARCFOX Alpha T5 Robotaxi, developed in collaboration with BAIC, indicating progress in the commercialization of autonomous mobility [1][2] - The 300th unit is currently undergoing testing and validation for broader commercial deployment in Beijing and Shenzhen later this year, contributing to the company's goal of a 1,000-vehicle fleet by year-end [2][3] - The CEO of Pony.ai emphasized the importance of this milestone in showcasing the company's ability to scale efficiently and its commitment to providing safe and intelligent mobility services [3] Company Overview - Pony.ai is recognized as a global leader in the commercialization of autonomous mobility, utilizing its vehicle-agnostic Virtual Driver technology to develop a sustainable business model for mass production and deployment of autonomous vehicles [4] - Founded in 2016, the company has expanded its operations across various regions, including China, Europe, East Asia, and the Middle East, ensuring accessibility to its advanced technology [4]
Pony AI Inc. to Report Second Quarter 2025 Financial Results on August 12, 2025
Globenewswire· 2025-07-28 09:00
Core Viewpoint - Pony AI Inc. is set to report its unaudited financial results for the second quarter of 2025 on August 12, 2025, before the U.S. market opens [1] Group 1: Financial Reporting - The earnings conference call will take place on August 12, 2025, at 8:00 A.M. U.S. Eastern Time [2] - Participants can register online to join the call and will receive a confirmation email with dial-in details [2] - A replay of the conference call will be available until August 19, 2025, with specific dial-in numbers provided for access [3] Group 2: Company Overview - Pony AI Inc. is recognized as a global leader in the commercialization of autonomous mobility, utilizing its Virtual Driver technology [4] - The company aims to develop a sustainable business model for mass production and deployment of autonomous vehicles across various transportation use cases [4] - Founded in 2016, Pony AI has expanded its operations in regions including China, Europe, East Asia, and the Middle East [4]
PONY AI Inc. Starts Gen-7 Robotaxi Road Testing In Beijing, Completing Major City Testing Rollout
Globenewswire· 2025-07-23 09:00
Core Insights - Pony.ai has commenced road testing of its seventh-generation (Gen-7) Robotaxi model in Beijing, marking significant progress towards large-scale production and commercial deployment [1][2] - The BAIC Robotaxi fleet is operating within a 225-square-kilometer High-Level Autonomous Driving Demonstration Zone in Beijing, with concurrent testing of Robotaxi models in multiple cities including Guangzhou and Shenzhen [2] - Pony.ai aims to expand its fleet to 1,000 vehicles by the end of 2025, establishing a strong foundation for future commercial deployment [2] Company Overview - Pony.ai is recognized as a global leader in the commercialization of autonomous mobility, utilizing its vehicle-agnostic Virtual Driver technology to integrate software, hardware, and services for mass production and deployment [3] - Founded in 2016, Pony.ai has expanded its operations across various regions including China, Europe, East Asia, and the Middle East, ensuring broad accessibility to its advanced technology [3]
Pony AI Inc. Announces Voluntary Extended Lock-Ups by Founders
Globenewswire· 2025-05-14 11:30
Core Viewpoint - Pony AI Inc. has announced that its co-founders have entered into voluntary extended lock-up agreements covering approximately 22.9% of the company's total outstanding ordinary shares, reflecting their confidence in the company's growth strategy and commitment to long-term shareholder value creation [1][2][3]. Group 1: Extended Lock-Up Agreements - The extended lock-up agreements cover a total of 110,828 Class A ordinary shares and 81,088,770 Class B ordinary shares, amounting to approximately 22.9% of the company's total issued and outstanding ordinary shares as of the announcement date [2]. - The lock-up period will last for 540 days starting from May 25, 2025, which is the expiration date of the company's initial public offering lock-up period [1]. Group 2: Company Overview - Pony AI Inc. is recognized as a global leader in the commercialization of autonomous mobility, utilizing its vehicle-agnostic Virtual Driver technology to develop a sustainable business model for mass production and deployment of autonomous vehicles [3]. - Founded in 2016, the company has expanded its operations across various regions, including China, Europe, East Asia, and the Middle East, ensuring broad accessibility to its advanced technology [3].
PONY AI Inc. to Report First Quarter 2025 Financial Results on May 20, 2025
Globenewswire· 2025-04-29 09:00
NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced that it will report its unaudited financial results for the first quarter 2025 before the U.S. market opens on Tuesday, May 20, 2025. The Company’s management will hold an earnings conference call on Tuesday, May 20, 2025, at 8:00 A.M. U.S. Eastern Time or 8:00 P.M. Beijing/Hong Kong Time on the same day. For ...
Pony.ai Europe Secures Luxembourg Robotaxi Testing Permit
Prnewswire· 2025-04-03 11:44
Core Insights - Pony.ai Europe has received a Level 4 autonomous driving testing permit from Luxembourg's Ministry of Mobility and Public Works, expanding its global testing portfolio [1][2][3] - The establishment of Luxembourg as a European hub for research and development aims to accelerate innovation in autonomous driving and integrate these technologies into the country's transportation network [2][3] - The collaboration with Emile Weber, a leading mobility solutions provider in Luxembourg, will enhance on-road testing and integrated mobility solutions [3][4] Company Overview - Pony.ai is a global leader in autonomous driving technology, leveraging its Virtual Driver technology for large-scale commercialization [5] - Founded in 2016, Pony.ai has expanded its operations across multiple regions, including China, Europe, and the Middle East, and has begun offering fare-charging robotaxi services in major Chinese cities [6] - The company operates a fleet of over 250 robotaxis and has driven nearly 25 million miles (40 million kilometers) on open roads worldwide [6]
PONY AI Inc. Receives Luxembourg's Autonomous Vehicle of Robotaxi Testing Permit, Establishes Its First European Hub for Research and Testing
Newsfilter· 2025-04-03 11:00
Core Insights - Pony.ai has received a permit from Luxembourg's Ministry of Mobility and Public Works to commence Level 4 Robotaxi testing, marking a significant milestone in its European operations [1][3] - The company is establishing its first dedicated European research and testing hub in Luxembourg, becoming the first autonomous vehicle company to do so [1][5] - The partnership with Emile Weber, Luxembourg's leading mobility solutions provider, will enhance Pony.ai's testing capabilities by combining its autonomous technology with local transportation expertise [2][3] Company Developments - Throughout 2024, Pony.ai has made strategic advancements in Europe, including signing a Memorandum of Understanding with the Luxembourg government to explore autonomous mobility solutions [3] - The establishment of Pony.ai's European division and hub in Luxembourg serves as the foundation for its research and development initiatives in the region [3][5] - The collaboration with Emile Weber aims to research, develop, and pilot autonomous vehicle solutions in Luxembourg [3][6] Technology and Innovation - Pony.ai utilizes its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving solution that integrates proprietary software, hardware, and services [4] - The company is focused on developing a commercially viable and sustainable business model for mass production and deployment of autonomous vehicles across various transportation use cases [4] - Luxembourg's supportive regulatory framework and commitment to innovation in mobility provide an ideal environment for Pony.ai's operations [3][5]
PONY AI Inc. Receives Luxembourg’s Autonomous Vehicle of Robotaxi Testing Permit, Establishes Its First European Hub for Research and Testing
Globenewswire· 2025-04-03 11:00
NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced it has received a permit from Luxembourg’s Ministry of Mobility and Public Works to begin Level 4 (L4) Robotaxi testing. This pivotal milestone comes as Pony.ai establishes its first dedicated European research and testing hub in Luxembourg, making it the first autonomous vehicle company to do so. Pony.ai’s c ...