Pony AI Teams Up With Luxembourg Transit Giant to Launch Level 4 Autonomous Vehicle Trials

On Thursday, Pony AI Inc PONY announced it has won a permit from Luxembourg’s Ministry of Mobility and Public Works to begin Level 4 (L4) Robotaxi testing.

Pony.ai established its first dedicated European research and testing hub in Luxembourg, making it the first autonomous vehicle company. The company has testing permits in China, the United States, South Korea and Luxembourg.

Also Read: Baidu’s AI Cloud, Robotaxi Growth And Accelerated Buybacks Position It For Strong 2025: Analyst

Pony.ai will test autonomous vehicles with Emile Weber, Luxembourg’s leading mobility solutions provider. The collaboration combines Pony.ai’s advanced autonomous technology with Emile Weber’s extensive transportation expertise, spanning public and private transit, taxis, vehicle rentals and tourism operations.

In March, Pony.ai signed a Memorandum of Understanding (MoU) with the Government of the Grand Duchy of Luxembourg to jointly explore developing autonomous mobility solutions. In September, the company formally established its European division and hub in Luxembourg, now serving as the foundation for the region’s R&D and testing initiatives. In October, the company partnered with Emile Weber to research, develop, and pilot autonomous vehicle solutions in Luxembourg.

In March, Pony.ai launched a paid, fully driverless robotaxis in Shenzhen’s key Nanshan business district. The company expanded commercial operations to connect Nanshan with its existing service zone in Baoan District.

In March, the California Public Utilities Commission (CPUC) approved Tesla, Inc’s TSLA application to manage a fleet of vehicles for pre-arranged trips. Elon Musk pivoted to robotaxis amid slowing sales, promising driverless services in California and Texas this year. In October, Tesla launched the Cybercab, a concept robotaxi without steering or pedals.

Pony.ai’s stock has plunged 37% in the last 12 months. Pony AI reported a fourth-quarter sales decline of 29.8% to $35.52 million. Robotaxi services revenue dipped 61.9% to $2.6 million, while Robotruck services revenue surged 72.7% to $12.9 million. The company reported an adjusted EPS loss of 31 cents versus a 20 cent loss a year ago.

Price Action: PONY stock is down 5.29% at $7.16 premarket at last check Thursday.

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