pony.ai

pony.ai

Full-stack autonomous driving platform licensing

Overview

Pony.ai builds Level 4 autonomous driving systems as a full-stack, vehicle-agnostic Virtual Driver that combines its own software and hardware. Its main offerings span Robotaxi (via the PonyPilot app in Beijing, Guangzhou, Shanghai, and Shenzhen), Robotruck (autonomous freight and platooning), and licensing technology for Personally Owned Vehicles. The company earns revenue from ride-hailing services, freight logistics, and licensing fees through automaker partnerships with companies like Toyota, Sany, and Dongfeng Liuzhou Motor. Its goal is to scale Level 4 autonomy by expanding deployment of robotaxi and robotruck services, broadening licensing partnerships, and advancing automotive-grade hardware and software for mass production.

About pony.ai

Simplify's Rating
Why pony.ai is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Robotics & Automation

Automotive & Transportation

AI & Machine Learning

Company Size

501-1,000

Company Stage

IPO

Headquarters

Fremont, California

Founded

2016

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Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 68.8% to $36.2 million, while robotaxi revenue jumped 691.2%.
  • August 2026 Uber partnership targets more than 2,000 robotaxis across five European cities.
  • Cash and investments reached $1.39 billion on June 30, 2026, funding expansion.

What critics are saying

  • Q2 2026 operating cash outflow hit $44 million, and capex reached $32.2 million.
  • China's April 2026 permit freeze shows regulators can halt expansion overnight across core markets.
  • If Uber demand softens or approvals stall, the 3,500-vehicle 2026 target breaks quickly.

What makes pony.ai unique

  • Pony.ai runs fully driverless robotaxis in four Chinese cities and Zagreb, proving operational breadth.
  • Its Uber-Verne partnership gives instant rider access and local operations without building consumer demand.
  • Gen-7 and Gen-4 platforms share a vehicle-agnostic Virtual Driver across robotaxi and truck use cases.

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Funding

Total Funding

$2.3B

Above

Industry Average

Funded Over

9 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Life Insurance

Paid Vacation

Parental Leave

Disability Insurance

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
PR Newswire
Sep 14th, 2026
Pony.ai debuts Gen-4 autonomous truck with GAC, cutting costs by 70% ahead of production

Pony.ai has unveiled its new Level 4 autonomous heavy-duty truck developed with GAC Commercial Vehicle at IAA TRANSPORTATION 2026 in Hannover. The Gen-4 Robotruck is built on GAC's T9 battery-electric platform, with volume production scheduled to begin later this year for deployment in long-haul freight, dedicated-route logistics and port transportation. The vehicle features fully redundant systems for steering, braking, communications, power supply, computing and sensing. It includes nine lidars, three millimeter-wave radars and 13 cameras for 360-degree coverage. The autonomous driving kit's bill-of-materials cost has been reduced by 70% compared with the previous generation, whilst transportation costs per ton-kilometre are expected to fall by 30%. Pony.ai plans to expand its Robotruck business internationally, including entering European and Middle Eastern markets over the next two years.

ZAG Daily
Sep 10th, 2026
Zagreb robotaxis begin fully driverless passenger rides.

Zagreb robotaxis begin fully driverless passenger rides. Pony.ai and Verne have begun carrying passengers without an onboard safety operator on public roads in Zagreb, five months after launching Europe's first commercial robotaxi service. * 10 September 2026 Chinese autonomous driving company Pony.ai and Croatian operator Verne have started fully driverless passenger testing in Zagreb. Invited passengers can now ride without a human operator in the driver's seat along a 22-kilometre route connecting Verne's headquarters and a major business district with Zagreb's Franjo Tuđman Airport. The companies plan to extend the driverless operating area over the coming months. The tests come after Verne launched what the companies describe as Europe's first commercial robotaxi service in April. That service initially operated with an onboard autonomous vehicle operator. The latest phase is the next step in the partnership between Pony.ai, Verne and Uber. Pony.ai supplies the autonomous driving system, Verne manages the vehicles and service, while Uber provides access to passengers through its ride-hailing platform. "Fully driverless passenger rides in Zagreb mark an important step in Pony.ai's international growth," said Pony.ai Founder and CEO James Peng. Verne's service has covered more than 200,000 kilometres and completed several thousand passenger rides since April, the companies said, with an average passenger rating of 4.7 out of five. Uber has already begun offering the Zagreb service through its app, initially with a licensed operator monitoring from the driver's seat. The latest phase gives Pony.ai a European deployment where its autonomous driving technology, local fleet operations and ride-hailing access are already in place. The company has been using a similar partnership model in its overseas expansion, combining its autonomous driving technology with local operators and mobility platforms. In China, Pony.ai already runs fully driverless commercial services in four cities. It said its autonomous vehicles have travelled more than 100 million kilometres globally, including more than 40 million kilometres without a human driver. The company is targeting more than 3,500 robotaxis globally by the end of 2026. Its overseas deployment pipeline includes more than 4,000 vehicles, including plans announced with Uber to deploy more than 2,000 vehicles across Europe. Pony.ai said the new rides are being conducted under Croatian regulations and the approvals required for passenger-carrying autonomous vehicle testing on public roads. The companies have not said when fully driverless rides will become available to the general public.

PR Newswire
Sep 10th, 2026
Pony.ai and Verne kick off fully driverless Robotaxi test rides in Zagreb.

Pony.ai and Verne kick off fully driverless Robotaxi test rides in Zagreb. Sep 10, 2026, 05:00 ET * Invited passengers can take fully driverless Robotaxi test rides along a 22-kilometer route, marking a European first * The move marks further progress under Pony.ai's joint deployment model and advances its "dual-engine" growth strategy and commercialization roadmap in Europe ZAGREB, Croatia, Sept. 10, 2026 /PRNewswire/ - Pony AI Inc. ("Pony.ai") (NASDAQ: PONY; HKEX: 2026), a global leader in the large-scale commercialization of autonomous driving technology, and Verne today announced the start of fully driverless Robotaxi test rides with passengers on public roads in Zagreb, marking a European first. The milestone represents a significant step toward fully driverless commercial operations. The test rides take place along a 22-kilometer route linking Verne's headquarters and one of Zagreb's main business districts with Franjo Tuđman Airport Zagreb. The fully driverless routes will be further expanded in the next few months, with the aim to cover the whole operating area in Zagreb. The milestone comes just over five months after Pony.ai, Verne and Uber announced their partnership to launch Europe's first commercial Robotaxi service. Under the joint deployment model, Pony.ai provides the autonomous driving technology, Verne leads the service operations, and Uber offers access to the service through its platform. Since the service operated by Verne was launched in early April, the fleet has logged more than 200,000 kilometers in operations, completed several thousand customer rides and achieved an average passenger rating of 4.7 out of 5. Moving from commercial operations with an onboard AV operator to fully driverless testing represents an important step for both Pony.ai and Verne. It demonstrates Pony.ai's ability to apply technology and operational experience from its fully driverless commercial services in China to real-world deployment in Europe, supported by Verne's operational readiness and work to meet regulatory requirements. "Fully driverless passenger rides in Zagreb mark an important step in Pony.ai's international growth," said Dr. James Peng, Founder and CEO of Pony.ai. "Together with Verne, we are demonstrating how Pony.ai's Virtual Driver can combine with Verne's local operating and passenger-service capabilities to support a scalable path to commercialization. The progress in Zagreb provides a strong foundation for expanding fully driverless mobility across Europe and other international markets." "Five months ago, we launched Europe's first commercial Robotaxi service. We are now taking the next step, moving from autonomous driving with an onboard AV operator toward fully driverless operations," said Marko Pejković, CEO of Verne. "This is a major milestone on the path to scaling autonomous mobility in Europe." The test rides use Pony.ai's seventh-generation Robotaxi, powered by a Pony.ai-developed L4 domain controller built on NVIDIA DRIVE AGX, running on the safety-certified DriveOS operating system. The Robotaxi features a safety architecture combining 360-degree sensor coverage with multiple layers of redundancy and fail-operational capabilities. This architecture has been validated through fully driverless commercial operations in major Chinese cities across complex urban traffic and adverse weather conditions. Pony.ai currently operates fully driverless commercial services in four major Chinese cities and has logged more than 100 million kilometers in autonomous operations worldwide, including over 40 million kilometers in fully driverless mode. The fully driverless rides in Zagreb are being conducted in accordance with applicable Croatian regulations and the approvals required for autonomous vehicle testing with passengers on public roads. The milestone further advances Pony.ai's "dual-engine" growth strategy, under which the company is scaling its Robotaxi business across both China and international markets. Overseas, Pony.ai is expanding through its joint deployment model, which brings together autonomous driving technology, access to rider demand and day-to-day fleet operations. The mix of partners can vary by market, allowing the model to adapt to local requirements while supporting a more capital-efficient path to scale. Recent partnerships have expanded Pony.ai's overseas deployment pipeline to more than 4,000 Robotaxis, including plans with Uber to deploy more than 2,000 vehicles across Europe. Pony.ai is targeting a global fleet of more than 3,500 Robotaxis by the end of 2026, with operations spanning more than 20 cities worldwide. About Pony.ai Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates Pony.ai's proprietary software, hardware, and services, Pony.ai is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, Pony.ai has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. About Verne Named after Jules Verne, who imagined journeys enabled by technologies long before they existed, Verne is building the operational layer for autonomous mobility in Europe and beyond. Since 2019, Verne has worked on deploying autonomous ride-hailing in complex urban environments through operations, integration and regulatory enablement, making it part of everyday life. In April 2026, those efforts led to the launch of Europe's first robotaxi service. At its core, Verne designs how autonomous mobility works and how it feels, keeping the human in mind. SOURCE Pony AI Inc.

Yahoo Finance
Sep 10th, 2026
Pony.ai and Verne launch Europe's first fully driverless robotaxi test rides in Zagreb

Pony.ai and Verne have launched fully driverless robotaxi test rides in Zagreb, marking a European first. Invited passengers can now take autonomous rides along a 22-kilometre route connecting Verne's headquarters, a main business district, and Franjo Tuđman Airport Zagreb. The milestone comes five months after the companies launched Europe's first commercial robotaxi service with Uber. Since April, the fleet has logged over 200,000 kilometres and completed several thousand rides, achieving an average passenger rating of 4.7 out of 5. The test rides represent a shift from operations with an onboard safety operator to fully driverless testing. Verne plans to expand the driverless routes over the coming months to cover Zagreb's entire operating area.

Automotive World
Sep 9th, 2026
Pony.ai sets out Doha robotaxi progress at AEMOB forum.

Pony.ai sets out Doha robotaxi progress at AEMOB forum. Doha shows Pony.ai testing whether its China-developed robotaxi model transfers to markets with different regulators and riders * September 9, 2026 Pony.ai and Qatari national mobility provider Mowasalat (Karwa) have set out the progress of their commercial robotaxi service in Doha at the second Autonomous e-Mobility Forum. The autonomous driving firm also demonstrated Gen-7 robotaxis operating without an onboard safety operator at the event, held from 7 to 9 September at the Qatar National Convention Centre. The Doha service charges fares through the Karwa app, covering commercial districts and landmarks across Old Doha and West Bay, including the Doha Corniche and the National Museum of Qatar. An airport connection links Hamad International Airport to the city, serving commuters, transfers and leisure trips. Public-road testing began in August 2025, with a commercial pilot launched that December with trained safety operators onboard. Qatar's Ministry of Transport said in July that passenger satisfaction and safety performance had exceeded initial targets, and that operating and technical systems were "ready for the broader adoption of autonomous services". Dr. James Peng, Founder and Chief Executive of Pony.ai, said: "Doha demonstrates how Robotaxis can be integrated into a modern urban transportation system, offering residents and visitors a safe, comfortable and consistent way to travel while adding capacity to the broader network. Together with Mowasalat, we have built a strong operational foundation and look forward to advancing this work in support of a smarter, more sustainable transportation system in Qatar."

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