Pony AI Inc. - American Depositary Shares (PONY)

The company did not provide a deadline for deploying robotaxis but stated that the agreement will leverage Xihu Group’s strengths in fleet and asset operations, safety, and service guarantees.

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers.

There are notable gap-ups and gap-downs in today's session. Let's take a look at which stocks are gapping on Tuesday.

Pony AI Inc. (NASDAQ: PONY) partners with Shenzhen Xihu Corporation Limited to deploy 1,000 Robotaxis in Shenzhen. Plans for global expansion and IPO.

Uber stock fell more than 5% Thursday, following a report that Tesla will launch a limited version of its robotaxi service early next month.

Shares of Pony.ai fell despite recent Dubai expansion, likely due to profit-taking after a sharp rally. Broader sector competition, with rivals like Tesla ramping up FSD, is adding further stock pressure.

Pony AI shares dropped Wednesday, retreating after Tuesday's surge from Dubai expansion news. The decline may reflect profit-taking after a recent 76% month-long gain.

Pony AI Inc. (NASDAQ: PONY) shares are trading higher Tuesday after the company said it will expand its autonomous robotaxi fleet into Dubai.

Autonomous driving company Pony AI signed an MoU with Dubai's RTA to deploy its autonomous taxi fleet, aiming for global expansion.

The company reported RMB 525.3 million in revenue and secured new ADAS design wins and robotics deals while confirming the dismissal of all IP litigation.

Rivian Automotive is better than this EV rival that missed analyst estimates of $250 million, according to Benzinga Pro.

Chinese autonomous vehicle technology company Pony AI Inc. has been on a hot streak, with the stock rallying 315% over the past month.

Tencent Cloud partners with WeRide to boost robotaxi operations and build smart driving solutions for international markets. WRD stock up 1.28%.