Lates News

The Yamato report indicates that although Pony.ai's seventh generation of autonomous taxis is expected to achieve a break-even at the individual vehicle level by the end of the year, it is unlikely to significantly improve the overall profitability of the entire autonomous taxi fleet until 2026. Pony.ai has been continuously improving operational efficiency, reducing the cost per kilometer of the fifth and sixth generations of autonomous taxis to 2.5 yuan in the second quarter. Yamato also reduced Pony.ai's insurance premium by 18% in the second quarter based on an assessment of accident rates. Yamato maintains a buy rating on Pony.ai stock with a target price of $20.00.