Pony.ai

Pony.ai (NASDAQ: PONY), a pioneer in autonomous driving technology, in partnership with ComfortDelGro Corporation Limited (“ComfortDelGro”), a leading multi-modal transport operator, launched robotaxi pilot program in Guangzhou, China on March 12. In this program, Pony.ai and ComfortDelGro will jointly operate multiple autonomous vehicles to provide services in Guangzhou. Pony.ai will provide daily technical support for the autonomous vehicles and establish a management system of the autonomous vehicles. ComfortDelGro, leveraging its extensive experience in managing large-scale fleets along with current and future operational needs, will continuously refine the management system for large-scale autonomous ride-hailing operations, building a service quality management system and rapid response mechanisms. Dr. Leo Wang, CFO of Pony.ai said: “With good progress from the last few years, Pony.ai has accumulated strong expertise in autonomous driving technology and operational platforms in managing Robotaxi services, with more vehicle productions underway. To achieve large-scale deployment, we need strong partners to support our global expansion. I am impressed by ComfortDelGro’s years of expertise in large-scale fleet management and believe both teams will learn fast and well from each other through this fruitful collaboration.” Mr Cheng Siak Kian, the Managing Director/Group Chief Executive Officer of ComfortDelGro said: “The development of autonomous vehicle technology is crucial in future-proofing the transport industry. With continuing driver shortages a global issue, we are exploring innovative solutions to ensure mobility remains accessible and efficient. Autonomous technology can complement the human driver workforce by increasing ride availability during off peak hours and in underserved areas. This pilot will allow us to build operational capabilities in robotaxis, and a step closer to wider future deployment.” The pilot program marks a significant step in the commercial deployment of robotaxi services for both companies. The two signed a Memorandum of Understanding (MoU) to form a strategic partnership for large scale commercial robotaxi operations in July 2024.

Pony.ai is pleased to share that it's the first to offer robotaxi operations connecting Guangzhou’s city center to key transportation hubs. Pony.ai has announced the launch of paid robotaxi services from multiple locations in Guangzhou’s city center to Guangzhou Baiyun International Airport and Guangzhou South Railway Station. Pony.ai is the first and only company approved to provide robotaxi services on these high-demand routes. Guangzhou Baiyun International Airport and Guangzhou South Railway Station are among the busiest transportation hubs in China. The commencement of Pony.ai’s robotaxi services is set to benefit residents and tourists alike with a convenient, efficient and autonomous travel option. Riders can easily book a Pony.ai vehicle using the PonyPilot App, with fares aligned with standard Guangzhou taxi rates. Pony.ai has already introduced paid robotaxi rides to and from Beijing Daxing International Airport and to and from Beijing South Railway Station.

Pony.ai is very pleased to share that on January 15th it renewed its joint venture (called Cyantron) with Sinotrans, one of China’s leading logistics and freight forwarding companies. Sinotrans is one of Pony.ai’s most important strategic partners. Through this renewed joint venture and deepened strategic cooperation, Pony.ai and Sinotrans will rapidly accelerate toward their goal: the large-scale commercialization of autonomous trucks and the shaping of a new smart logistics industry. Cyantron is a provider of AD-TaaS (Autonomous Driving Transportation as a Service) and has built a smart, efficient, safe and green logistics road transport network and will continue to grow China’s largest robotruck fleet. With over 190 robotrucks, Cyantron has China’s largest robotruck fleet and operates China’s longest autonomous driving commercial trucking route. As of the end of December 2024, they traveled more than 5 million autonomous driving kilometers (over 3.1 million miles) of road tests, total operating mileage of over 57 million kilometers (over 35.4 million miles) and transported more than 860 million ton-kilometers of cargo.

Pony.ai is pleased to share that it has begun "driver out" testing of its autonomous vehicles on expressways and highways in Beijing. Pony.ai is among the first companies to receive a license for "driver out" autonomous testing on expressways and highways. For permitted high-speed expressway and highway testing, Pony.ai's "driver out" autonomous vehicles do not have a person behind the wheel but have a safety driver in the passenger seat, per regulations. Pony.ai's autonomous vehicles will operate between Beijing's Yizhuang District and such notable locations as the Beijing Daxing International Airport and the Beijing South Railway Station, covering different expressway and highway roads, totalling nearly 90 kilometers (nearly 56 miles) of roads. Vehicles going to and from the Beijing Daxing International Airport will run from 7:00 am to 1:00 am while vehicles testing to and from the Beijing South Railway Station will operate from 9:00 am to 5:00 pm, covering diverse driving conditions such as daytime rush hours and late night driving. This new permit is a milestone and is the first time that "driver out" autonomous driving is permitted on expressways and highways for testing since the testing route opened in 2024.

Pony.ai is pleased to share that it's the first company in China approved to test "driver out" in the follow truck in a "1+N" platoon. Pony.ai will soon begin testing its robotruck convoy on the cross-provincial expressway connecting Beijing, Tianjin and Hebei Province. While the lead robotruck will continue to have a safety operator in the driver's seat, the robotruck behind it will be driver out - no one behind the wheel. This first permit for a company in China is a major milestone for Pony.ai's leading #robotruck business and will further reduce the costs of autonomous trucking. Pony.ai is already a leader in autonomous robotrucking freight service. Together with its partner Sinotrans, one of China’s leading logistics and freight forwarding companies, in 2024, Pony.ai autonomous trucks in platoon formation started testing freight service between Beijing and Tianjin. These robotrucks have been transporting goods daily between Beijing and Tianjin, completing nearly 500 TEUs (standard shipping container units) of freight orders, with total autonomous mileage of more than 45,000 kilometers (nearly 28,000 miles) on this route. Pony.ai is committed to the large-scale commercialization of autonomous trucks; this latest trucking milestone is another big step toward the large-scale commercialization of robotrucking. As of the end of December 2024, Pony.ai's fleet of over 190 robotrucks have traveled more than 5 million kilometers (over 3.1 million miles) of road tests and have transported more than 860 million ton-kilometers of cargo.

Pony.ai is pleased to share that it plans to provide driverless transportation services at the Hong Kong International Airport (HKIA), one of the world's busiest airports; the company also plans to gradually expand its #robotaxi services into urban Hong Kong in the future. The Airport Authority Hong Kong recently showcased several autonomous vehicles to the media, including Pony.ai's seven seat, sixth-generation robotaxi. Pony.ai autonomous vehicles will initially shuttle airport employees. This announcement is a major milestone and a first step for Pony.ai's leading autonomous vehicle technology in the Hong Kong market. Pony.ai currently operates paid robotaxi services to and from Beijing Daxing International Airport and is testing its autonomous vehicles on the main roadways to and from Guangzhou Baiyun International Airport. This news comes on the heels of a December 27th announcement in which Pony.ai was named among the first batch of companies to be allowed to operate cross-regional autonomous robotaxi services throughout the major cities in China's Greater Bay Area region.

Pony.ai (NASDAQ: PONY), a global leader in the large-scale commercialization of autonomous mobility and GAC AION, the new energy vehicle arm of GAC, one of China's largest automobile manufacturers, signed a strategic cooperation agreement on December 11th at GAC Group's headquarters in Guangzhou. Pony.ai and GAC AION plan to jointly develop a large-scale, mass produced #robotaxi, advancing Pony.ai's commercialization of its leading autonomous driving technology. The new fully driverless robotaxi will be based on Pony.ai's seventh generation autonomous driving system and GAC AION's global version vehicle. Together, the two companies plan to produce over 1,000 robotaxis; the first batch is expected to be completed in 2025. The plan is for the robotaxis to initially be deployed in China's Greater Bay Area region, with expansion to more regions and markets anticipated for the future. Pony.ai is among the first in China to obtain licenses to operate fully driverless vehicles in all four Tier-1 cities in China (Beijing, Guangzhou, Shanghai, Shenzhen) and has begun to offer public-facing, fare-charging robotaxi services without safety drivers in Beijing, Guangzhou and Shenzhen. Pony.ai operates a fleet consisting of over 250 robotaxis. Pony.ai's robotaxis receive over 15 average daily orders per robotaxi, setting a key milestone toward the large-scale commercialization of Level 4 robotaxis.

🚙 Pursuing an ambitious vision for autonomous mobility. 💥 #NasdaqListed Pony.ai is unleashing the next era of self-driving innovation worldwide. 🎊 Catch the recap of $PONY’s big day! 

🚙 Autonomous mobility everywhere. 🌎 With nearly 24.8 million miles of autonomous driving logged, Pony.ai is pioneering the future of autonomous mobility. 👏 A big congrats on becoming #NasdaqListed, $PONY!

🎉 Welcoming Pony.ai to the Nasdaq family! 🎉 🚙 Pony.ai is a global leader in the large-scale commercialization of autonomous mobility. 🤝 Congrats on becoming #NasdaqListed, $PONY! Proud to be your exchange partner.