The latest announcement is out from Pony AI Inc. Sponsored ADR ( (PONY) ).
On April 23, 2025, Pony AI Inc. unveiled its seventh-generation autonomous driving system at the Shanghai Auto Show, showcasing its new Robotaxi lineup developed with Toyota, BAIC, and GAC. The system features a 100% automotive-grade autonomous driving kit with significant cost reductions and a modular platform for diverse vehicle models. This advancement positions Pony.ai to begin mass production of Robotaxis in mid-2025, enhancing its industry positioning by emphasizing safety and scalability in autonomous driving technology.
More about Pony AI Inc. Sponsored ADR
Pony AI Inc. is a global leader in the commercialization of autonomous mobility, leveraging its vehicle-agnostic Virtual Driver technology. The company integrates proprietary software, hardware, and services to develop a sustainable business model for mass production and deployment of autonomous vehicles across various transportation use cases. Founded in 2016, Pony.ai has expanded its presence in China, Europe, East Asia, the Middle East, and other regions.
YTD Price Performance: -72.61%
Average Trading Volume: 1,857,779
Current Market Cap: $1.45B
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