Latest news with #Pony.ai's
Time of India
5 days ago
- Automotive
- Time of India
Uber in talks with its founder, Travis Kalanick, to fund self-driving car deal
Synopsis Uber is reportedly in discussions with its co-founder Travis Kalanick to potentially fund his acquisition of U.S. subsidiary, a Chinese autonomous vehicle company. This move signals Uber's increasing concern over competition from self-driving taxi services like Waymo and Tesla. Kalanick would lead Pony if the deal materializes, marking a significant shift in Uber's strategy towards autonomous vehicles.
Yahoo
24-06-2025
- Automotive
- Yahoo
Pony.ai (PONY) Unveils Gen-7 Robotaxi Affirming Advanced Autonomous Driving
Pony AI Inc. (NASDAQ:PONY) is one of Goldman Sachs' top Chinese stock picks. On June 17, the Chinese autonomous driving company unveiled its seventh generation Robotaxi at the 2025 International Automotive & Supply Chain Expo in Hong Kong. Marking the company's first debut in the city, the Gen 7 robotaxi showcases the company's advancement in autonomous driving hardware and software. The Robotaxi utilizes 100% automotive-grade components and boasts a 70% cost reduction in its autonomous driving kits. It is also designed for adaptability and supports integration across various vehicles. The Robotaxi has 34 sensors spanning six categories to offer comprehensive detection coverage from 360-degree blind support monitoring to identifying objects 650 meters away. Therefore, autonomous taxis can operate in urban and intercity environments, including highways, ring roads, and airports. A successful deployment in Hong Kong would enable robotaxis to move through several GBA zones, including train stations and airports, facilitating smooth interstate autonomous transportation. It is also expected to improve citizens' mobility with convenient, safe, and dependable self-driving services. is the only company authorized to operate autonomous ride-hailing services in China's tier-I cities. Therefore, adding the Gen-7 robotaxi will expand the company's fleet. The company plans to have over 1,000 vehicles by the end of 2025. Pony AI Inc. (NASDAQ:PONY) is a global autonomous driving technology company that develops and commercializes self-driving systems for vehicles. It specializes in building the safest autonomous driving capabilities and aims to revolutionize transportation. While we acknowledge the potential of PONY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Biotech Stocks Screaming a Buy and 13 Best Software Stocks to Buy Now. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Automotive
- Yahoo
Pony.ai (PONY) Unveils Gen-7 Robotaxi Affirming Advanced Autonomous Driving
Pony AI Inc. (NASDAQ:PONY) is one of Goldman Sachs' top Chinese stock picks. On June 17, the Chinese autonomous driving company unveiled its seventh generation Robotaxi at the 2025 International Automotive & Supply Chain Expo in Hong Kong. Marking the company's first debut in the city, the Gen 7 robotaxi showcases the company's advancement in autonomous driving hardware and software. The Robotaxi utilizes 100% automotive-grade components and boasts a 70% cost reduction in its autonomous driving kits. It is also designed for adaptability and supports integration across various vehicles. The Robotaxi has 34 sensors spanning six categories to offer comprehensive detection coverage from 360-degree blind support monitoring to identifying objects 650 meters away. Therefore, autonomous taxis can operate in urban and intercity environments, including highways, ring roads, and airports. A successful deployment in Hong Kong would enable robotaxis to move through several GBA zones, including train stations and airports, facilitating smooth interstate autonomous transportation. It is also expected to improve citizens' mobility with convenient, safe, and dependable self-driving services. is the only company authorized to operate autonomous ride-hailing services in China's tier-I cities. Therefore, adding the Gen-7 robotaxi will expand the company's fleet. The company plans to have over 1,000 vehicles by the end of 2025. Pony AI Inc. (NASDAQ:PONY) is a global autonomous driving technology company that develops and commercializes self-driving systems for vehicles. It specializes in building the safest autonomous driving capabilities and aims to revolutionize transportation. While we acknowledge the potential of PONY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Biotech Stocks Screaming a Buy and 13 Best Software Stocks to Buy Now. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Automotive
- Yahoo
Pony.ai Accelerates Gen-7 Robotaxi Deployment with Road Testing Launch in China's Guangdong
GUANGZHOU, China, June 6, 2025 /PRNewswire/ -- (NASDAQ:PONY), a global leader in autonomous driving technology, is ramping up its Robotaxi mass production and commercialization efforts with the launch of public road testing for its seventh-generation Robotaxis in China. The vehicles now testing on roads in the southern Chinese megacities of Guangzhou and Shenzhen are based on Guangzhou Auto(GAC)'s second-generation Aion V model and equipped with most advanced autonomous driving system, unveiled just over a month ago at the Shanghai Auto Show. recently obtained regulatory permit to conduct these road tests for its seventh generation Robotaxi jointly developed with GAC, marking a significant transition from laboratory and closed-track validation into real-world traffic environments. In April, debuted its Gen-7 autonomous driving system at the Shanghai Auto Show. The new system delivers three core advancements: the exclusive use of 100% automotive-grade components, a 70% reduction in BOM costs of the autonomous driving kit compared to previous generation, and enhanced platform-based design enabling rapid adaptation across multiple vehicle models. Equipped with six types of mass-production sensors providing 360-degree, blind-spot-free redundant perception, and incorporating proprietary sensor cleaning solution, the system effectively handles adverse weather and extreme scenarios. Built upon in-house developed "PonyWorld" model and utilizing reinforcement learning, it achieves safety standards exceeding human capabilities while continuously improving its ability to navigate complex, real-world conditions for full-scenario, all-weather operation. Dr. James Peng, CEO and Co-Founder of said: "The Aion V with 7th-Gen AD system deployed in these road tests represent a significant milestone in our deep collaboration and ecosystem synergy with GAC. Since launching our strategic alliance in 2018, we have continuously deepened our cooperation across L4 autonomous vehicle R&D, product deployment, and strategic investments." brings substantial experience to this launch, having amassed over 45 million kilometers in global autonomous test mileage. The company has established an operational network spanning more than 2,000 square kilometers across four first-tier cities in China, namely Beijing, Shanghai, Guangzhou, and Shenzhen, encompassing high-complexity scenarios such as high-speed rail stations, airports, and densely populated urban commercial areas. Moreover, the company has validated its technology through over 500,000 hours of fully driverless operation under diverse real-world conditions in the past two years. Targeting 2025 as its "mass production year," is transitioning from technology demonstration to large-scale deployment. Successfully boosting cost-efficiency in its latest Gen-7 system and achieving pre-installed production readiness enables the company to build a fleet exceeding 1,000 vehicles by year-end, unlocking significant economies of scale. To support widespread adoption, has established deep commercial partnerships with global leaders in technology, mobility services, and deployment platforms, including Tencent Cloud, Alipay, Amap, Ruqi Mobility, Shenzhen Xihu Group, global ride-hailing giant Uber, Singapore's mobility conglomerate ComfortDelGro, and Luxembourg's Emile Weber. About Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates proprietary software, hardware, and services, is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. View original content: SOURCE Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
06-06-2025
- Automotive
- Korea Herald
Pony.ai Accelerates Gen-7 Robotaxi Deployment with Road Testing Launch in China's Guangdong
GUANGZHOU, China, June 6, 2025 /PRNewswire/ -- (NASDAQ:PONY), a global leader in autonomous driving technology, is ramping up its Robotaxi mass production and commercialization efforts with the launch of public road testing for its seventh-generation Robotaxis in China. The vehicles now testing on roads in the southern Chinese megacities of Guangzhou and Shenzhen are based on Guangzhou Auto(GAC)'s second-generation Aion V model and equipped with most advanced autonomous driving system, unveiled just over a month ago at the Shanghai Auto Show. recently obtained regulatory permit to conduct these road tests for its seventh generation Robotaxi jointly developed with GAC, marking a significant transition from laboratory and closed-track validation into real-world traffic environments. In April, debuted its Gen-7 autonomous driving system at the Shanghai Auto Show. The new system delivers three core advancements: the exclusive use of 100% automotive-grade components, a 70% reduction in BOM costs of the autonomous driving kit compared to previous generation, and enhanced platform-based design enabling rapid adaptation across multiple vehicle models. Equipped with six types of mass-production sensors providing 360-degree, blind-spot-free redundant perception, and incorporating proprietary sensor cleaning solution, the system effectively handles adverse weather and extreme scenarios. Built upon in-house developed "PonyWorld" model and utilizing reinforcement learning, it achieves safety standards exceeding human capabilities while continuously improving its ability to navigate complex, real-world conditions for full-scenario, all-weather operation. Dr. James Peng, CEO and Co-Founder of said:"The Aion V with 7th-Gen AD system deployed in these road tests represent a significant milestone in our deep collaboration and ecosystem synergy with GAC. Since launching our strategic alliance in 2018, we have continuously deepened our cooperation across L4 autonomous vehicle R&D, product deployment, and strategic investments." brings substantial experience to this launch, having amassed over 45 million kilometers in global autonomous test mileage. The company has established an operational network spanning more than 2,000 square kilometers across four first-tier cities in China, namely Beijing, Shanghai, Guangzhou, and Shenzhen, encompassing high-complexity scenarios such as high-speed rail stations, airports, and densely populated urban commercial areas. Moreover, the company has validated its technology through over 500,000 hours of fully driverless operation under diverse real-world conditions in the past two years. Targeting 2025 as its "mass production year," is transitioning from technology demonstration to large-scale deployment. Successfully boosting cost-efficiency in its latest Gen-7 system and achieving pre-installed production readiness enables the company to build a fleet exceeding 1,000 vehicles by year-end, unlocking significant economies of scale. To support widespread adoption, has established deep commercial partnerships with global leaders in technology, mobility services, and deployment platforms, including Tencent Cloud, Alipay, Amap, Ruqi Mobility, Shenzhen Xihu Group, global ride-hailing giant Uber, Singapore's mobility conglomerate ComfortDelGro, and Luxembourg's Emile Weber. Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates proprietary software, hardware, and services, is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology.
