US Stock Market Move | Pony.ai (PONY.US) rose nearly 8%, sprinting towards the goal of a fleet of a thousand vehicles and achieving a balance between profits and losses per vehicle.

On Friday, Pony.ai (PONY.US) rose nearly 8%, closing at $19.29. In terms of news, Pony.ai announced the launch of its 300th jointly manufactured ARCFOX Alpha T5 autonomous taxi - this important production milestone accelerates the company's progress towards large-scale deployment and commercialization. With the steady production and launch of the seventh generation Robotaxi fleet, Pony.ai is moving towards its year-end goal: expanding its fleet to 1000 vehicles and achieving break-even economics per vehicle. Additionally, it was reported that Pony.ai plans to list in Hong Kong within two weeks, aiming to raise over $500 million.