Hong Kong Stocks Movement | PONY-W (02026) Rises Over 3% as Commercialization Inflection Point Confirmed, Strong Q3 Robotaxi Performance

Stock News12-02

PONY-W (02026) surged over 3%, reaching HK$113.5 by the time of writing, with a trading volume of HK$67.44 million. The company recently released its Q3 2025 financial report, announcing that its seventh-generation Robotaxi achieved single-vehicle profitability in Guangzhou. PONY-W is set to exceed its target of deploying 1,000 Robotaxis ahead of schedule, with plans to expand the fleet to over 3,000 units by the end of 2026.

In Q3, the company reported total revenue of RMB 181 million, marking a 72% year-on-year increase and sustaining growth for three consecutive quarters. Revenue from its Robotaxi business rose to RMB 47.7 million, up 89.5% YoY, with passenger fare revenue soaring over 200% YoY.

Analysts note that PONY-W has established a commercialization inflection point, building a competitive moat through multi-dimensional capabilities. With technological advancements and supportive policies, the company is poised to benefit from the autonomous driving industry's shift from "technical validation" to "large-scale commercialization."

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