小马智行_自动驾驶出租车商业化运营推动单位经济效益；拓展新加坡和卡塔尔市场；目标价上调至 27.7 美元；买入

23 September 2025 | 3:41AM HKT Equity Research Pony AI Inc. (PONY): Robotaxi commercial operation to drive unit economics; Singapore and Qatar in expansion; TP up to US$27.7; Buy Pony AI has started road testing of Gen-7 Robotaxi in Beijing/ Guangzhou/ Shenzhen, and extended its Robotaxi services from 15 hours per day to full 24/7 coverage in certain areas. Meanwhile, the company has started the commercialization of fully-driverless Robotaxi services to public in Shanghai's Pudong New area. With progress in ...