Pony.ai partnering with Dubai to launch robotaxi service by late 2025

Pony AI and Dubai’s RTA announce partnership with robotaxi unveiling ceremony in Dubai to advance L4 autonomous mobility solutions. Supervised trials to start late 2025, leading to fully driverless service. Focus on urban mobility efficiency and sustainable transportation aligned with Dubai’s vision. Pony AI seeks Hong Kong IPO for funding expansion and commercialization efforts.

Pony AI aims to launch robotaxi services by mid-2025, with 700 vehicles projected by year-end. Company reports 70% reduction in development costs, nearing breakeven by end of 2025. Strategic partnership with Uber to launch robotaxi operations in the Middle East. Industry analyst notes pivotal point for autonomous vehicles development.

Pony AI’s stock declined over 15% year-to-date due to challenges in autonomous vehicle development and geopolitical tensions. Company expanding globally with operational permits in key markets. Executives anticipate breakeven soon with improved efficiency in autonomous systems. Autonomous vehicle industry evolving rapidly with accelerated development and adoption.

Read more at Yahoo Finance: Pony.ai To Deploy Robotaxis In Dubai, Trials Begin Late 2025