Shares of Pony AI Inc (HKEX: 02026) surged over 9% during the trading session. At the time of writing, the stock was up 6.49% to HK$85.3, with a turnover of HK$32.34 million.

Key Development

The company, along with European mobility platform Bolt and global automotive manufacturer Stellantis, has announced a collaborative Robotaxi testing project in Luxembourg. This initiative leverages Luxembourg's forward-looking policies on autonomous vehicle testing.

Project Focus and Details

The primary goal of the project is to validate the safety, operational performance, and regulatory compliance of Pony AI's seventh-generation Robotaxi within the local traffic environment. Stellantis will supply MPVs built on its Level 4 autonomous driving platform, contributing its expertise in vehicle engineering and manufacturing.

Current Progress and Scope

The three parties are currently advancing preparatory work for the autonomous driving tests. The core focus will be on validating city-level safety guarantees and operational systems for autonomous driving. The testing scope will encompass critical areas such as vehicle deployment, integration with ride-hailing platforms, fleet operations, and cross-departmental regulatory collaboration.

Strategic Foundation and Goal

This project builds upon a previously established cooperation intent between Bolt, Stellantis, and Pony AI. It aims to jointly advance the research, development, and deployment of autonomous mobility solutions in Europe, laying the groundwork for achieving fully driverless operational capabilities after the testing phase concludes.