Gold prices steady ahead of Fed decision, Trump’s tariff deadline
Investing.com -- Pony AI Inc (NASDAQ:PONY) stock gained 5.2% after the autonomous mobility company announced its seventh-generation BAIC Robotaxi model has begun road testing in Beijing.
The Gen-7 BAIC Robotaxi fleet is now operating within Beijing’s 225-square-kilometer High-Level Autonomous Driving Demonstration Zone, the company said. This development means Pony.ai is now conducting road tests of its Gen-7 BAIC and GAC Robotaxi models simultaneously across Beijing, Guangzhou, and Shenzhen.
The multi-city testing program demonstrates the stability and adaptability of Pony.ai’s autonomous driving system across different vehicle platforms and urban environments. According to the company, this expansion is accelerating its progress toward its target of growing its fleet to 1,000 vehicles by the end of 2025.
Pony.ai, which describes itself as a global leader in large-scale autonomous mobility, is positioning these developments as significant steps toward large-scale production and commercial deployment of its autonomous vehicle technology.
The company’s shares traded higher as investors responded to this operational milestone, which represents concrete progress in Pony.ai’s autonomous vehicle roadmap and commercial strategy.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.