Shanghai (Gasgoo)- On November 6, Pony.ai debuted on the main board of the Stock Exchange of Hong Kong Limited (part of HKEX) under the symbol 2026, marking a major milestone in its global expansion.
The company issued approximately 48.25 million shares in its Hong Kong IPO, fully exercising its allocation adjustment option. If the over-allotment (“green shoe”) option is exercised in full, the fundraising could reach HK$7.7 billion, making it the largest IPO in the global autonomous driving industry so far this year and the largest AI-related listing in Hong Kong this year.
Photo credit: Pony.ai
Pony.ai first went public on Nasdaq in November 2024 under the symbol “PONY”, becoming the world’s first listed Robotaxi company. Less than a year later, its Hong Kong listing established a dual-primary structure in the US and Hong Kong markets, strengthening the company’s global capital strategy.
Founded in 2016, Pony.ai develops autonomous driving technologies and solutions for the global mobility and logistics markets. Its activities cover three main segments: Robotaxi services, autonomous trucking (Robotruck) and technological licenses and applications. As a pioneer in the large-scale commercialization of autonomous mobility, Pony.ai remains the only company authorized to provide public-facing Robotaxi services in China’s four first-tier cities.
In April 2025, Pony.ai unveiled three seventh-generation Robotaxi models co-developed with Toyota, BAIC Group and GAC Group. The new range offers major efficiency gains, reducing the nomenclature of the autonomous driving suite by 70% compared to the previous generation. Autonomous Driving Computer (ADC) costs have fallen by 80% and solid-state LiDAR units by 68%, paving the way for large-scale commercial deployment.
The company is also accelerating its international expansion, targeting key growth regions such as Europe, East Asia and the Middle East. By partnering with local governments, industry leaders and technology innovators, Pony.ai aims to foster localized ecosystems for the development, deployment and commercialization of Level 4 autonomous driving technologies.
The dual-primary listing marks a new chapter for Pony.ai, highlighting both a key milestone in its capital strategy and a strong commitment to long-term growth. Leveraging its technological lead and extensive experience in fully driverless operations, the company aims to accelerate the mass commercialization of autonomous driving and chart a clear and sustainable path to profitability for the industry.
