Pony.ai Files for US IPO to Expand Global Robotaxi Presence

The Chinese autonomous driving firm aims to list on Nasdaq amidst rising investor interest and easing regulatory pressures.

Pony.ai, founded in 2016, is a leading developer in autonomous mobility, supported by partnerships with companies like Toyota and GAC Group.
The company plans to trade under the ticker symbol 'PONY' but has not disclosed the size of its initial public offering.
Pony.ai's revenue nearly doubled to $24.7 million in the first half of 2024, although it reported a net loss of $51.3 million.
The firm operates over 250 robotaxis, accumulating more than 33.5 million kilometers of autonomous driving mileage.
Backed by a $100 million investment from Saudi Arabia's NEOM, Pony.ai was valued at $8.5 billion in 2022.