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Wuhan: Pony.ai's Autonomous Ride-Hailing Service Expected to Become Main Revenue Source by 2027

Opinion Network News: August 13th, Wuhan Securities published a research report stating that Chinese autonomous driving company Pony.ai is accelerating the expansion of its fleet scale and promoting c

Opinion Network News: August 13th, Wuhan Securities published a research report stating that Chinese autonomous driving company Pony.ai is accelerating the expansion of its fleet scale and promoting commercialization of unmanned ride-hailing services, with an expected revenue source by 2027, maintaining its "buy" rating for US-listed shares and a target price of $20.

Wuhan analysts said that Pony.ai's second quarter production reached the 7th generation of unmanned ride-hailing vehicles, with output exceeding 200 units as of June end; Shanghai has recently issued commercial operation licenses to multiple operators, including Pony.ai. The company expects Pony.ai to achieve single-vehicle profitability by 2025 and overall fleet profitability by 2026.

Disclaimer: This article's content and data are compiled based on publicly available information, and do not constitute investment advice. Please verify before use.

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