Pony AI Stock Soars 15% on Qatar Autonomous Vehicle Deal

Pony AI’s dramatic 15% stock surge to $20.05 per share was primarily fueled by the company’s landmark partnership with Qatar’s transportation provider, Mowasalat. The collaboration marks a significant milestone in Pony AI’s global expansion strategy, enabling the deployment of autonomous vehicles throughout Qatar and establishing a stronger foothold in the Middle East market. Trading volume spiked to 15.76 million shares, nearly double the daily average of eight million, reflecting intense investor interest in this international expansion.

Dr. James Peng, Chairman and CEO of Pony.ai, emphasized the strategic importance of this partnership in a company press release, stating: “This partnership marks a major milestone in expanding our global footprint by creating ecosystem synergies through collaboration with local partners. Qatar presents a unique environment for autonomous driving deployment, and Mowasalat’s deep local knowledge makes it an ideal partner.” The collaboration aims to build resilient and scalable autonomous driving solutions that support sustainable mobility across the region.

Complementing the Qatar partnership news, Pony AI delivered outstanding financial results for its most recent quarter. The company posted earnings per share of 14 cents on revenue of $21.46 million, representing a remarkable 76% year-over-year growth. This robust performance demonstrates the company’s accelerating commercial traction and operational efficiency in the competitive autonomous vehicle sector.

Particularly impressive was the performance of Pony AI’s robotaxi services, which generated $1.5 million in revenue during the second quarter of 2025. This represents a staggering 157.8% increase from the $600,000 recorded year-over-year. Dr. Leo Wang, Chief Financial Officer of Pony.ai, highlighted the significance of this growth: “Our robust Robotaxi fare-charging revenue growth once again underscores our progress in building a scalable and recurring monetization model and enhancing long-term business visibility.”

Beyond the Qatar partnership and strong financials, Pony AI has been aggressively expanding its operational capabilities. Earlier this year, the company launched 24-hour robotaxi operations in Guangzhou and Shenzhen, two major economic hubs in southern China. Additionally, Pony AI expanded its robotaxi testing window in Beijing to 24 hours a day, demonstrating its commitment to round-the-clock autonomous vehicle services.

This operational progress has caught the attention of Wall Street analysts. Bank of America recently reiterated its Buy rating on PONY stock with a price target of $21 per share. Analyst Ming-Hsun Lee from Bank of America noted: “We believe the cooperation with Xihu Group in Shenzhen, GPTG in Guangzhou, and RTA in Dubai proves Pony’s strong AD technology and adds conviction to its robotaxi fleet size expansion target.” Some market observers believe the stock could reach $30 per share as the company continues its global expansion and demonstrates scalable commercialization of its autonomous driving technology.