Pony AI achieves Gen-7 robotaxi cost breakeven

Pony AI has announced that its seventh-generation robotaxis have achieved unit economics breakeven in Shenzhen. The milestone follows a similar achievement in Guangzhou last year, with the company stating it demonstrates a sustainable business model for scaled deployment.

According to the autonomous driving developer, as of 28 February, daily average net revenue per Gen-7 robotaxi in Shenzhen reached RMB338, with vehicles completing an average of 23 orders daily. The company attributed the performance to increased user demand and operational improvements.

Unit economics calculations encompass vehicle and autonomous driving kit depreciation, electricity and charging costs, routine maintenance, remote assistance operations, insurance, ground support staff and infrastructure expenses.

“Following UE breakeven in Guangzhou last year, achieving this milestone once again in Shenzhen proves that our technology and business model are successfully delivering scalable commercialisation,” said James Peng, chairman and chief executive officer.

The Nasdaq and Hong Kong-listed company said it plans to expand fleet deployment to increase paid orders and revenues.

Source: Pony AI