HK Stock Market Move | PONY-W(02026) rose by over 4%, with the first quarter Robotaxi business revenue increasing by 395.4% year-on-year. The full-year growth target has been raised.

PONY-W(02026) rose by over 4%, as of press time, it rose by 4.28% to HK$75.55, with a turnover of 6.5488 million Hong Kong dollars. On the news front, on May 26, Pony.ai released its first quarter financial report for 2026, with a total revenue of 236 million yuan in the first quarter, a year-on-year increase of 145%; gross profit of 38.36 million yuan, a year-on-year increase of 140.1%. The Robotaxi business achieved a single-quarter revenue record high of 59.12 million yuan, a year-on-year increase of 395.4% and a quarter-on-quarter increase of 28.7%; passenger fare revenue increased by 456.5% year-on-year. As of May 2026, the Robotaxi fleet size has reached over 1700 vehicles. Based on the strong performance in the first quarter, the company raised its 2026 Robotaxi business target: it is expected that the annual Robotaxi revenue will exceed 3.5 times the level of 2025, with a fleet size of over 3500 vehicles, covering more than 20 cities domestically and internationally. In the domestic market, Pony.ai's Robotaxi service entered the center of Guangzhou in the first quarter, covering landmarks such as the Canton Tower and the Guangzhou International Convention and Exhibition Center. In the overseas market, the company has entered a period of rapid expansion: it has launched the first commercial Robotaxi service in Europe in the capital of Croatia, Zagreb, and initiated unmanned testing in Dubai. Currently, Pony.ai's Robotaxi business covers nine countries globally and provides public passenger services in China, Croatia, Qatar, Singapore, and South Korea.