Pony.ai Triples Robotaxi Fleet, Expands Globally
Update: 2025-11-25
Description
Pony.ai, a Chinese self-driving car company, plans to triple its robotaxi fleet by the end of next year, expanding into eight countries, including Qatar and Singapore. Their revenue surged 72% in Q3, reaching $25.4 million, driven by growing robotaxi services and technology licensing. Despite a $61.6 million net loss, Pony.ais cash reserves of nearly $588 million, bolstered by a Toyota joint venture, indicate their confidence in the autonomous vehicle market.
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