Pony.ai reported a substantial increase in Robotaxi services, resulting in a year-over-year revenue growth of 11.6%. However, its net loss widened significantly, indicating persistent financial challenges.
Here is Why Pony AI (Nasdaq: PONY) Is Soaring Today
Pony AI's seventh-generation autonomous system promises around 70% cost reductions in materials, 80% in computation, and significant savings on LiDAR, enhancing scalability.