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China’s Pony.ai’s overseas robotaxi pipeline expands to over 4,000 vehicles

China’s Pony.ai’s overseas robotaxi pipeline expands to over 4,000 vehicles

China’s Pony.ai’s overseas robotaxi pipeline expands to over 4,000 vehicles 150 150 admin

BEIJING, Aug 18 (Reuters) – Chinese autonomous driving firm Pony.ai said on Tuesday that its pipeline of planned and potential overseas robotaxi deployments has expanded to more than 4,000 vehicles.

The company posted a strong second quarter with total revenue rising 68.8% from a year earlier to $36.2 million, according to a company statement.

Revenue from robotaxi services, which made up one-third of total revenue for the first time, surged 691.2%.

“We will continue to advance our full-year plans and are confident in our ability to exceed our full-year robotaxi services revenue target,” said Pony.ai CEO James Peng.

The company remains on track for full-year robotaxi revenue to exceed 3-1/2 times 2025’s level. 

(Reporting by Qiaoyi Li and Liz Lee; Editing by Kirsten Donovan)

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