
"Over the last few days, shares of Pony AI ( NASDAQ: PONY) soared from about $13.25 to a recent high of $20.09. Today alone, it's up 15%, or by $2.64 a share, with volume spiking to 15.76 million, as compared to its daily average volume of eight million. Fueling upside, the company announced it was partnering with Qatar's transportation provider, Mowasalat, to help deploy its autonomous vehicles in the country. All of which will expand Pony AI's footprint in the Middle East."
""This partnership marks a major milestone in expanding our global footprint by creating ecosystem synergies through collaboration with local partners," said Dr. James Peng, Chairman and CEO of Pony.ai, as quoted in a company press release. "Qatar presents a unique environment for autonomous driving deployment, and Mowasalat's deep local knowledge makes it an ideal partner. Together, we aim to build a resilient and scalable autonomous driving solution that supports sustainable mobility across the region," he added."
"Robotaxi services' revenues were $1.5 million in the second quarter of 2025, an increase of 157.8% from $600,000 year over year. "Our robust Robotaxi fare-charging revenue growth once again underscores our progress in building a scalable and recurring monetization model and enhancing long-term business visibility. As Gen-7 mass production gains momentum and we maintain disciplined investment, we are well-positioned to accelerate the large-scale commercialization." Added Dr. Leo Wang, Chief Financial Officer of Pony.ai."
Pony AI announced a partnership with Qatar's transportation provider Mowasalat to deploy autonomous vehicles, expanding its Middle East footprint and driving a surge in share price. The company reported EPS of $0.14 on $21.46 million in revenue, a roughly 76% year-over-year increase, while robotaxi services generated $1.5 million, up 157.8% year over year. Executives emphasized ecosystem synergies, local partner expertise, and a focus on building resilient, scalable autonomous driving solutions. Gen-7 mass production momentum and disciplined investment were cited as positioning the company to accelerate large-scale commercialization. The company also launched 24/7 robotaxi services in Guangzhou and Shenzhen.
Read at 24/7 Wall St.
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