Business Highlights - Pony AI completed a dual primary listing on NASDAQ and HKEX, raising over US$800 million in its IPO, the largest global autonomous driving IPO in 2025[7] - The company plans to expand its Robotaxi fleet to over 1,000 vehicles by 2025 and over 3,000 by 2026[7] - Pony AI achieved city-wide unit economics breakeven in Guangzhou[9, 12] - The company launched fully driverless commercial services for Gen-7 Robotaxis in Guangzhou, Shenzhen, and Beijing[12] - New registered users nearly doubled within one week after the Gen-7 launch, demonstrating the flywheel effect from large-scale operation[14] Scale-Up Strategy & Global Expansion - Pony AI produced over 600 Gen-7 vehicles and has a Robotaxi fleet size of over 900 vehicles, aiming for over 3,000 vehicles by 2026[15] - Robotaxi revenue grew by over 90% year-over-year, and fare-charging revenue grew by over 200% year-over-year[15] - The company expanded its operations to Shanghai, launching fully driverless commercial Robotaxi operations, and expanded coverage in Shenzhen[15] - Pony AI has established a presence in 8 countries across China, the Middle East, East Asia, Europe, and the US[16] Financial Performance - Total revenues increased by 72% year-over-year from 3Q24 to 3Q25, reaching US$6.7 million in 3Q25[45] - Robotaxi services revenue increased by 89.5% year-over-year, while fare-charging revenues surged over 200% year-over-year[45] - Licensing and applications revenue increased by 8.7% year-over-year, and Robotruck services revenue increased by 354.6% year-over-year[45]
Pony Ai(PONY) - 2025 Q3 - Earnings Call Presentation