Pony.us, a company specializing in smart transportation, achieved a revenue of 548 million yuan in 2024, marking a steady growth for three consecutive years.
25/03/2025
GMT Eight
On March 25, Pony.ai (PONY.US) released its fourth quarter and full year financial report for 2024. The company's total revenue for 2024 reached 548 million yuan, an increase of 4.3% year-on-year; revenue from autonomous driving services was 53.28 million yuan, with a significant growth in passenger fares; adjusted R&D expenses increased by 14% year-on-year, reaching 1.006 billion yuan, mainly used for the development of the seventh generation Robotaxi. As of December 31, 2024, the total amount of cash equivalents and long-term and short-term financial investments reached 6.023 billion yuan. Pony.ai emphasizes its business strategy of "Robotaxi business first, China market first, first-tier cities first", and in the fourth quarter, the company reached Robotaxi mass production partnerships with GAC Aian and BAIC New Energy, with quarterly revenue reaching 2.59 billion yuan.