Autonomous Driving Pioneer Pony AI Approaches Critical IPO Milestone

This week marks a pivotal moment for autonomous vehicle technology company Pony AI as it finalizes pricing for its Hong Kong initial public offering. The timing coincides with significant regulatory progress, including the company’s recent achievement of securing city-wide approval for driverless robotaxi services in Shenzhen.

Pony AI is proceeding with its Hong Kong stock exchange debut, with final pricing determinations occurring today for 41,955,700 Class A ordinary shares. These securities will trade under the ticker symbol “2026” and are expected to raise approximately HK$6.7 billion (US$863 million). The capital infusion is designated primarily for scaling commercialization efforts for Level 4 autonomous technology across both robotaxi and robotruck service segments.

Notably, Uber Read more...