Pony AI-W Shares Jump Over 6% on inDrive and Nvidia Partnership to Pilot Robotaxi Services in Kazakhstan

Stock News10-23

According to a financial news app, Pony AI Inc (ASX: 02026) saw its shares surge more than 6% in the afternoon session, rising 6.25% to HK$39.78 as of press time, with a trading volume of HK$16.6545 million.

On the news front, at midday on October 23, Pony AI Inc announced that it had signed a memorandum of understanding with global mobility and delivery platform inDrive and Nvidia to jointly promote the implementation of autonomous driving mobility products and applications.

Kazakhstan will become the first pilot market for this collaboration, marking the first time Pony AI Inc has expanded its global business footprint into Central Asia.

Pony AI Inc and inDrive will take the lead in promoting a Robotaxi service pilot in the capital city of Astana after reaching an agreement with the Kazakh government.

Under the collaboration plan, Pony AI Inc will be responsible for the seventh-generation Robotaxi vehicles and autonomous driving technology, inDrive will handle mobility platform operations and service management, and Nvidia will provide AI infrastructure support through the NVIDIA Hyperion autonomous driving computing platform and Halos safety system.

The collaboration will evaluate the implementation plan for providing L4-level autonomous driving mobility services to passengers in Kazakhstan through the inDrive platform, covering dimensions including technology, operations, regulations, and commercial viability.

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