Pony Ai Inc. Class A · HKEX:2026
Pony Ai Inc. Class A — Q2 2026 Earnings Presentation
22 slides from Pony Ai Inc. Class A's earnings presentation, August 2026
Slide 1: Business Update
Business Update August 2026 0
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Pony AI Inc. (the “Company”) solely for informational purposes and has not been independently verified. No representations, warranties or undertakings, express or implied, are made by the Company or any of its officers, directors, affiliates, adviser
Slide 3: Business Updates
Business Updates Chairman and CEO Dr. James Peng 2
Slide 4: Pony.ai: A Leading Autonomous Driving Company
Pony.ai: A Leading Autonomous Driving Company Core Virtual Driver Technology, with Tech Stack Shareable Across Three BUs Robotruck Partnership with China’s leading truck manufacturer and China’s largest freight logistics company for Robotruck development and commercialization Robotaxi Pony Urban mob
Slide 5: 2Q26 Key Highlights
2Q26 Key Highlights Strong top-line growth Rapid fleet scaling US$36.2M US$12.1M +69% 690+% 800+% ~2,000 Total revenues Robotaxi revenues Fare-charging revenues Robotaxi fleet size² YoY growth¹ YoY growth¹ YoY growth¹ On track to 3,500+ by year-end3 Dual-Engine Strategy Domestic Global Deepening den
Slide 6: Domestic Market: Depth in Tier-One Cities
Domestic Market: Depth in Tier-One Cities Large-scale commercial deployment requires: Where Pony.ai Stands Driverless technology validated at scale Positive unit economics validated at scale Proven large-scale Positive user Verified driverless satisfaction safety records Higher standards → wider com
Slide 7: Global Market: Scaling With Joint Deployment Model
Global Market: Scaling With Joint Deployment Model Overseas markets gaining momentum as our second growth engine 4,000+ new vehicles deployment commitments • Expanded collaboration with Uber • Additional commitments from multiple partners • 2,000+ Robotaxis committed Multiple Partners • Broader inte
Slide 8: Joint Deployment Model: Asset-Light Scaling
Joint Deployment Model: Asset-Light Scaling Leveraging local ecosystems and partner expertise for capital-efficient expansion What we tap into Highly capital-efficient, asset-light scaling strategy Technology enabler User traffic Fleet Operation Delivering Tangible Commercial Results Repeatable Grow
Slide 9: Robotruck: From Mass Production to Port Operations
Robotruck: From Mass Production to Port Operations Revenues scale-up Gen-4 Robotruck Mawan Port, Guangdong +40% Robotruck revenues YoY¹ Mass production on schedule Fully-driverless in a mixed setting with other human-driven trucks Commercial deliveries begun Strong synergy gained from Robotaxi opera
Slide 10: Outlook: Accelerating Into 2H 2026
Outlook: Accelerating Into 2H 2026 Domestic Global • Add vehicles in tier-one cities Goal: 20-city • Joint deployment model • Widen moat & scaling edge by year-end1 driving topline growth with • Enter multiple markets capital efficiency Robotaxi Revenue Outlook2: ＞ 3.5x Focus: Long-term value creati
Slide 11: Technology Progress
To update Technology Progress CTO Dr. Tiancheng Lou 10
Slide 12: Unique Tech Stack Drives Strong Q2 Momentum
Unique Tech Stack Drives Strong Q2 Momentum Rapid, scalable expansion across domestic and international markets Domestic Global Validated in the most challenging scenarios Replicating success in premium urban markets globally Narrow Dense residential Common roadside Traffic rules and driving habits
Slide 13: World Model 2.0 to Improve R&D Efficiency
World Model 2.0 to Improve R&D Efficiency High-precision World Model 2.0 captures local behavioral dynamics, bridging the sim-to-real gap Automatically isolates Generates Validates them for deeply hidden issues targeted solutions real-world deployment Dramatically accelerates deployment timeline Eff
Slide 14: Tech-driven Operational Efficiency
Tech-driven Operational Efficiency Shared parking & Improved vehicle-to- Stronger partner pull charging staff ratio Use normal parking lots and A small team can manage Operational efficiency boosts autonomously find open charging and service for a willingness to adopt joint chargers large fleet depl
Slide 15: Financial Updates
Financial Updates CFO Dr. Leo Wang 14
Slide 16: 2Q26 Financial Highlights
2Q26 Financial Highlights Total Revenues Robotaxi Revenues (US$mm) (US$mm) $36.2M $12.1M Record Quarterly High 36.2 12.1 +69% +691% 21.5 1.5 2Q25 2Q26 2Q25 2Q26 +691% +849% YoY YoY Strong topline growth driven by Robotaxi Revenues1 Fare-charging Revenues1 notable Robotaxi revenues growth Note: 1. 2Q
Slide 17: Robotaxi: Accelerating Core Growth Engine
Robotaxi: Accelerating Core Growth Engine Robotaxi Services 2Q26 YoY +691% US$12.1M 1Q26 YoY +395% Record Quarterly High YoY Growth acceleration driven by 1. Fare-charging Fleet Expansion 2. Joint Deployment Model Momentum More regions, and into core downtown areas with +849% higher economic value F
Slide 18: Robotruck and Intelligent Solutions
Robotruck and Intelligent Solutions Robotruck Services Intelligent Solutions (US$mm) (US$mm) 1H261: $26.3M, YoY +77% 13.3 +40% 10.8 9.5 10.4 +4% 2Q25 2Q26 2Q25 2Q26 Driven by increased logistics transportation revenues Meaningful additional sales contributed from domain controllers for 1H26 Cross-se
Slide 19: Costs and Margins: Operating Leverage Materializing
Costs and Margins: Operating Leverage Materializing Gross Profit Expansion Disciplined OpEx Growth AI-driven R&D Efficiency Non-GAAP OpEx US$6.4M PonyWorld 2.0 model +83.4% YoY1 US$63.0M +9.6% YoY1 AI-powered closed-loop Gross Margin vs. revenue +68.8% YoY1 R&D enables the same 17.5% engineering tea
Slide 20: Robust Cash Position with Capital Discipline
Robust Cash Position with Capital Discipline Cash Balance Prudent Cash Management Maintained a prudent cadence in cash US$1.39B management Total Cash & Investments1 Strategic Growth Investment (US$mm) Supporting fleet expansion, data center capex and continuous R&D 1,435.5 1,390.5 Asset-light JDM Fr
Slide 21: Commercial Viability with a Clear Path to Profitability
Commercial Viability with a Clear Path to Profitability ~2,000 China, Europe, 1.5M+ US$1.39B Middle East, etc. Global operating Domestic Registered Vehicles produced1 Cash reserve3 footprint users2 The momentum and the resources to execute on our full-year targets and beyond Notes: 1. As of June 30,
Slide 22: 21
21