PONY

Pony AI Inc. develops and operates autonomous driving technology for commercial applications in China and the United States. Headquartered in Fremont, California, with significant operations in Guangzhou, China, the company was founded in 2016 and focuses on building full-stack autonomous vehicle systems for robotaxi services and autonomous trucking. Pony AI operates one of China's largest robotaxi fleets, providing driverless ride-hailing services in multiple cities including Beijing, Guangzhou, and Shenzhen, where it holds commercial permits for fully driverless operations. The company partners with major automotive manufacturers such as Toyota Motor Corporation, which invested $400 million in 2020, and GAC Group for vehicle production and deployment. In the trucking segment, Pony AI develops autonomous freight solutions for highway logistics operations. The company completed its initial public offering on the Nasdaq in November 2024, raising approximately $260 million. Pony AI holds numerous autonomous driving permits and licenses across Chinese jurisdictions, positioning it among the leading players in China's robotaxi market. The company employs over 1,000 people across its research and development centers. Its technology integrates proprietary software, sensors, and computing platforms designed to achieve SAE Level 4 autonomy, enabling vehicles to operate without human intervention in designated areas.