00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Pony.ai shares rose 4.37% in pre-market trading on Tuesday after reporting second-quarter results,
00:08according to Benzinga. Sales rose 75.9% year-over-year to $21.46 million,
00:13driven mainly by rapid growth in RoboTaxi services revenue.
00:16Pony.ai's RoboTaxi revenue jumped 157.8% year-over-year to $1.5 million, fueled by higher
00:23user adoption, strong demand in Tier 1 cities, and a larger deployed fleet.
00:27RoboTaxi revenue jumped 157.8% to $1.5 million, while RoboTruck revenue fell 9.9% to $9.5 million
00:35as the company prioritized high-margin services.
00:38CEO James Penn said the company produced over 200 Gen 7 RoboTaxi vehicles in two months,
00:43keeping it on track to meet its year-end goal of $1,000 and reinforcing its industry leadership.
00:48For all things money, visit Benzinga.com.
Comments