Pony AI Inc. (NASDAQ: PONY) shares surged 5% in pre-market trading on Tuesday following the release of its third-quarter 2025 financial results and significant operational milestones. The autonomous driving technology company reported robust growth and a key profitability breakthrough in its Robotaxi business.
The company announced that its seventh-generation (Gen-7) Robotaxi achieved city-wide unit economics breakeven in Guangzhou, marking a pivotal moment in the commercialization of autonomous ride-hailing services. This development demonstrates the viability of Pony AI's business model and sets the stage for scalable expansion both domestically and globally.
Pony AI reported strong financial performance for Q3 2025, with total revenues reaching $25.4 million, representing a 72% year-over-year increase. Notably, Robotaxi services revenues surged by 89.5% compared to the same period last year, with fare-charging revenues growing by over 200%. The company attributed this growth to increasing user demand in tier-one cities and ongoing optimizations in fleet operations and pricing strategy.
Looking ahead, Pony AI announced ambitious expansion plans for its Robotaxi fleet. The company is on track to exceed its 1,000-vehicle target by the end of 2025 and aims to surpass 3,000 vehicles by the end of 2026. This aggressive growth strategy is supported by the recent successful dual primary listing on the Hong Kong Stock Exchange, which raised more than $800 million to accelerate mass production, large-scale commercialization, R&D innovation, and new market expansion.
Comments