Pony AI Inc. (PONY)

Pony AI Inc. is an autonomous driving technology company that develops self-driving systems for passenger and freight vehicles. Founded in 2016, the company operates research and operations centers in China and the United States, with its main operations in China.

Pony AI's core business is robotaxi services, offering fully driverless ride-hailing to the public in major Chinese cities such as Beijing, Shanghai, Guangzhou and Shenzhen. It also runs a robotruck business that applies its autonomous driving technology to long-haul freight and logistics, and it licenses its technology and provides related applications to partners. The company works with automakers including Toyota and other Chinese manufacturers to develop vehicles equipped with its virtual driver system.

Pony AI completed its Nasdaq initial public offering in 2024, and its American Depositary Shares trade under the ticker PONY. The company also has a listing in Hong Kong.