Xiaoma Zhixing (02026) released its third quarter report: Single bike profitability at the city level has turned positive, and the target of one thousand robotaxis will be achieved ahead of schedule. Next year, it will expand to 3,000 vehicles.

On November 25th, Pony.ai (02026, PONY.US) released its financial report for the third quarter of 2025, announcing that the seventh generation of Robotaxi has achieved profitability on a per-vehicle basis in Guangzhou. The company will achieve its goal of deploying one thousand Robotaxis ahead of schedule and plans to expand to over 3000 vehicles by the end of 2026. Currently, the company's Robotaxi fleet has reached 961 vehicles, with 667 of them being the seventh generation Robotaxi. By introducing a light asset model, the company is accelerating the scale deployment of the fleet. In the third quarter, the total revenue was 181 million RMB, a year-on-year growth of 72%, marking three consecutive quarters of revenue growth. The revenue from the Robotaxi business in the third quarter reached 47.7 million RMB, an 89.5% increase year-on-year, with passenger fare revenue increasing by over 200%. As of the end of the quarter, the company's total cash and cash equivalents, short-term investments, restricted cash, and long-term debt-like financial products amounted to 4.184 billion RMB; after its listing on the Hong Kong stock market, the company will have at least an additional 6 billion RMB in cash, which will be used to accelerate the mass production and commercialization of autonomous driving vehicles, technological research and development, and market expansion. Through partnerships with global travel companies such as Uber and ComfortDelGro, Pony.ai's Robotaxi business deployment and fleet testing have covered 8 countries.