HK Stock Market Move | PONY-W (02026) rose over 5%, with second quarter Robotaxi revenue increasing by more than 6.9 times, and announced the further expansion of its strategic cooperation with Uber.
XPeng Inc. (02026) rose over 5%. As of the time of writing, it is up 4.95%, priced at HKD 61.5, with a transaction volume of HKD 33.6749 million.
PONY-W (02026) rose more than 5%. As of the time of writing, it is up 4.95%, priced at HKD 61.5, with a transaction volume of HKD 33.6749 million.
In terms of news, PONY-W released its second-quarter financial report and interim results for 2026. The total revenue for the second quarter reached 246 million yuan, a year-on-year increase of 68.8%. The cumulative total revenue for the first half of the year was 478 million yuan, a year-on-year increase of 98.9%, nearly doubling. The net loss for the second quarter narrowed by 14.9% year-on-year and 15.3% quarter-on-quarter. The standout performance in this report was from Robotaxi, with Q2 business revenue of 81.92 million yuan, a year-on-year increase of 691.2%, and its contribution to revenue rising to 33.33%. Meanwhile, passenger fares saw a year-on-year growth of 849.3%, marking the highest single-season increase in history.
Also noteworthy is that, according to the official WeChat account of Pony.ai, it was announced recently that Pony.ai and the global mobility platform Uber will expand their strategic cooperation, deploying over 2,000 Pony.ai Robotaxis in five European cities. This marks an important milestone for Pony.ai in advancing its global growth strategy and signifies that the European autonomous driving industry is entering a new stage of scale with thousands of vehicles.
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