Pony AI: Expands driverless robotaxi operations into three more areas of Guangzhou

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Pony AI: Expands driverless robotaxi operations into three more areas of Guangzhou

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Pony AI

Expands driverless robotaxi operations

into three more areas of Guangzhou

Maintain Rating: BUY | PO: 19.00 USD | Price: 8.18 USD

Extends fully driverless operation in Guangzhou 11 June 2026

On 10 June, Pony announced that it has further expanded its fully driverless robotaxi Equity

operations in Guangzhou to Tianhe District, Huangpu District, and Panyu Chimelong

Ming Hsun Lee, CFA >>

Resort area. The expansion comes shortly after the company launched its service in Research Analyst

Pazhou of Haizhu District in early April 2026. Pony’s total operational coverage in urban Merrill Lynch (Hong Kong) minghsun.lee@bofa.com

Guangzhou has doubled during this latest round of layout upgrade. The service area in

Joey Yang, CFA >>

Guangzhou downtown area has grown from the initial 148 square kilometers around Research Analyst

Canton Tower to 332 square kilometers currently. This figure is almost 3x the total area Merrill Lynch (Hong Kong)

of downtown San Francisco. With the enlarged operating area in Guangzhou downtown, Fiona Liang >>

Research Analyst

we expect Pony’s orders per day, mileage per order, GMV per order (now is RMB320- Merrill Lynch (Hong Kong)

340) to further increase, which is positive to Pony’s unit economy in Guangzhou.

High-value travel scenarios in newly added areas

Stock Data

The three newly added areas in Guangzhou feature high-value travel scenarios. As a core

business hub, Tianhe District boasts numerous internet, financial, and multinational Price (ADR / Common) 8.18 USD / 63.85 HKD

companies. It sees good demand for daily commutes among white-collar workers and Price Objective 19.00 USD / 148.00 HKD

high-end business trips.