Pony AI Inc. (PONY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

our Gen 7 robotaxis. With the aforementioned three things that we are working on, we will focus on reinforcing these critical foundations to realize robust growth momentum of our fleet size, ensuring a scalable and sustainable expansion. As for year 2026, I think our scale-up will be even more accelerated. We will produce more autonomous driving vehicles and then deploy them in China and also the international markets. With this, back to the operator. Thank you. And our next question today comes from Ting Song at Goldman Sachs. Please go ahead. Thank you. Congratulations on the results. I have two questions. And the first one is, while you emphasized China's first strategy last quarter, we have now seen some progress on global market this time. So could you elaborate more on your involving global strategy? And to what extent does the China market remain a core focus at this stage? Thank you. Sure. This is James again. I think I'll take this one. As I mentioned in my prepared remark, PolyAI's mission has always been autonomous mobility everywhere. While we currently prioritize the China market, giving its relatively mature regulatory environment, we believe our established ecosystem, technological advancement, and the scaled operation in China have empowered us to enter new markets with proven capabilities, experiences, and proven business models. At this stage, we are aiming for markets with strong mobility demand, advanced infrastructure, and welcoming regulations. While the commercialization of these international markets is still at the early stage. We relentlessly work hand in hand with our global partners to showcase the technology readiness, move forward local commercial driverless regulations, build momentum for public acceptance, and generate revenues along t...