Pony AI
PONY · NASDAQ · Technology
$6.80
$0.07 (-1.09%) today
Market Cap
$2.96B
24h Volume
$52.9M
P/E Ratio
0.0
52w High
$24.06
52w Low
$6.55
Est. AI Revenue
100%
7-Day Sparkline (Static)
Company facts
Performance
About Pony AI
Pony AI develops autonomous driving technology and operates driverless vehicle fleets in China. The company earns revenue from robotaxi ride fares, robotruck freight services, and sales of autonomous driving systems and services to automakers and logistics partners. Its technology is a full stack virtual driver that replaces the human behind the wheel.
The core products are its Robotaxi service, hailed through the PonyPilot+ app in cities including Beijing, Shanghai, Guangzhou, and Shenzhen, and its Robotruck business, which runs autonomous freight operations on Chinese highways. Both run on the same Virtual Driver, an AI system combining deep learning models, sensors, and vehicle control software.
Founded in 2016 and headquartered in Guangzhou, Pony AI employs around 1,700 people and trades on the NASDAQ. It is one of a small group of companies licensed to run fully driverless commercial robotaxis in China's largest cities.
Pony AI in the AI buildout
Pony AI sits at the application end of the Autonomous Vehicles layer, where trained AI models become physical services that move people and goods. It consumes the compute, sensors, and chips built upstream and converts them into ride and freight revenue. As a pure play, its fortunes track the pace of autonomy itself: regulatory approvals, safety records, and cost per mile determine how fast its fleets scale. Success would validate demand for the training and inference infrastructure beneath it.
PONY is tracked in Autonomous Vehicles, rated Pure Play on the AI Exposure leaderboard.
By the numbers
52-week range
PONY trades at $6.80, 1% of the way up its 52-week range of $6.55 to $24.06.
Market cap
Market capitalization is $2.96B, with an AI Exposure Score of 95 out of 100.
Next earnings
Pony AI is next expected to report earnings on November 17, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Pony AI do?
Pony AI builds autonomous driving technology and operates driverless fleets in China. It runs commercial robotaxi services hailed through the PonyPilot+ app, autonomous freight trucking through its Robotruck unit, and sells its virtual driver technology to automakers and logistics partners.
How is Pony AI exposed to AI?
Completely. The company's only product is an AI virtual driver, so every dollar of revenue depends on machine learning models driving vehicles safely. Supercycle rates it Pure Play with an AI Exposure Score of 95 out of 100.
Is PONY a pure play AI stock?
Yes. Pony AI has no business outside AI powered autonomy. Robotaxi rides, robotruck freight, and technology licensing all monetize the same AI driver stack, which places it in Supercycle's Pure Play tier, the highest exposure category.
Where does Pony AI operate?
The company is headquartered in Guangzhou, China, and runs robotaxi operations in major Chinese cities including Beijing, Shanghai, Guangzhou, and Shenzhen. It is also pursuing expansion beyond China through local partnerships in international markets.
Who leads Pony AI?
Co-founder Jun Peng, widely known as James Peng, serves as chief executive. He co-founded the company in 2016 with fellow Baidu veteran Tiancheng Lou, who serves as chief technology officer and leads the autonomous driving technology stack.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.