Pony.ai Plans Robotaxi Expansion in Hong Kong and Beyond

The Chinese autonomous driving company eyes international growth after a $5.25 billion Nasdaq IPO, despite profitability challenges.

Pony.ai has announced plans to deploy robotaxi services at Hong Kong International Airport, with potential expansion into urban areas, though no timeline has been specified.
The Guangzhou-based company currently operates 250 robotaxis across major Chinese cities and aims to expand its fleet to 1,000 by the end of 2025.
Pony.ai raised $413.4 million through its recent Nasdaq IPO, valuing the company at $5.25 billion, though this is a drop from its previous $8.5 billion valuation in Series D funding.
While robotaxis are projected to be the company's main revenue driver, 73% of its 2024 revenue came from robotruck operations, highlighting challenges in scaling passenger services.
Pony.ai is exploring international markets, including partnerships in the Middle East and Asia, but faces regulatory and financial hurdles in scaling globally.