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Technology Stocks : "NIO, XPEV, LI, BYD.. China's Quads
BYDDF 12.96-0.6%Oct 31 9:30 AM EST

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From: Julius Wong4/28/2025 8:21:08 PM
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  • Pony AI (NASDAQ: PONY) +11% - Shares gained following reports that the company plans to begin mass production of robotaxis by mid-2025 and is targeting improved profitability. This comes after Pony AI showcased new models at the Shanghai Auto Show and announced a strategic partnership with Tencent Cloud ( OTCPK:TCEHY) last week. The company also announced a 70% reduction in costs for its advanced autonomous driving system, bringing it closer to breakeven on individual units. CTO Lou Tiancheng noted that software performance has tripled through optimization, with the technology focusing on decision-making rather than mimicking human behavior.
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