Pony.ai posts strong Q2 revenue growth as Robotaxi rollout accelerates

Shanghai (Gasgoo)- Pony.ai reported robust second-quarter (Q2) revenue growth in 2025, driven by surging demand and rapid expansion of its Robotaxi operations. The company posted 154 million yuan (USD 21.5 million) in revenue, up 75.9% year-on-year and 53.5% from the previous quarter, with passenger fare income from its Robotaxi services surging over 300% year-on-year to become the primary growth engine.

Fleet expansion has been central to this momentum. By the end of the quarter, Pony.ai's Robotaxi fleet surpassed 500 vehicles, with CEO James Peng confident the company will reach 1,000 units by year-end. Much of the progress stems from the mass production of its seventh-generation Robotaxi, developed with BAIC Group and GAC Group, which entered stable output in June with output of more than 200 units in just two months.

The new model, built entirely with automotive-grade components, has slashed autonomous driving hardware costs by 70% compared with its predecessor, while offering a design lifespan of 10 years or 600,000 kilometers. This cost efficiency is helping to accelerate large-scale deployment, with the Robotaxi segment generating 10.9 million yuan (around USD 1.5 million) in revenue during Q2—a 157.8% spike from last year.

Pony.ai's Robotaxi services now operate fully driverless in Beijing, Shanghai, Guangzhou, and Shenzhen, covering over 2,000 square kilometers. The company has also introduced 24/7 ride-hailing service in Guangzhou and Shenzhen, addressing late-night travel needs, and is conducting around-the-clock testing in major Chinese cities and Seoul.

Internationally, the company is pushing ahead with plans to launch commercial services abroad. It is partnering with Dubai's Roads and Transport Authority to begin road testing in 2025 and achieve fully driverless operations in 2026. In Europe, it began testing in Luxembourg in June, with expansion planned across the region, while in South Korea it has been running 24/7 trials in Seoul's Gangnam district since April under a national-level testing permit.