Pony AI's First 2,000 Robotaxi Vehicles Expected to be Deployed Mainly in Europe
Dow Jones
Yesterday
1017 GMT - Pony AI's first 2,000 robotaxi vehicles will be deployed mainly in Europe with a few in the Middle East, Citi analysts cite management as saying. The first batch will be exported from China, with a potential switch to European local brands in the future, with Pony earning per-mile revenue from the testing phase onward, they say. The management maintains a target of 3,500 unit this year and disclosed an internal target of 10,000 units for next year, with overseas accounting for 30% to 40%, depending on regulatory approval cadence, Citi adds. Management believes stricter entry-permit standards favor leading players with strong safety track records, they say.
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