PONY-W Shares Surge Over 6% Again Following Collaboration with Toyota to Advance Mass Commercialization of Autonomous Driving

Stock News
02/10

PONY-W (02026) saw its shares rise more than 6% again. As of the time of writing, the stock was up 6.2%, trading at HKD 116.5, with a turnover of HKD 5.7359 million.

The increase follows recent developments. On February 9, the first mass-produced bZ4X Robotaxi officially rolled off the production line. This milestone signifies that the strategic collaboration between Pony AI, Toyota China, and GAC Toyota has officially entered a new phase focused on large-scale production and operation. It also highlights the synergistic advantages of the three parties in the fields of autonomous driving technology, vehicle manufacturing, and supply chain.

Regarding the large-scale deployment of Robotaxis, Pony AI and Toyota are continuing to advance product iteration and mass-production plans. Since 2019, multiple generations of Pony AI Robotaxis based on Toyota vehicle platforms have been launched, and a joint venture was established. The tripartite joint venture between Pony AI, Toyota China, and GAC Toyota plans to deploy a thousand bZ4X Robotaxis by 2026 and commence operations in major Chinese cities.

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