Pony.ai News & Analysis
2 articles
Market Mood
Goldman Sachs Boosts China Robotaxi Fleet Forecast to 14,000 by 2026
Goldman Sachs raised its forecast for China's robotaxi fleet, expecting it to grow from 5,000 vehicles in 2025 to 14,000 by the end of 2026. This projection reflects a 7% to 25% increase across the 2025 to 2035 period, with 3.1 million units expected by 2035. Analysts indicate that commercialization is progressing faster due to smoother deployment and clearer expansion targets from operators. Goldman identified WeRide as a potential investment with an HK$54.23 price target and an expected 80% CAGR in revenue from 2025 to 2030, alongside Pony.ai as another beneficiary of this growth.
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DIDI to Launch Robotaxi Test in UAE Amid Regional Expansion Plans
Ride-hailing company Didi plans to conduct its first overseas robotaxi test in the UAE later this year, as revealed by co-founder Zhang Bo at a business forum. This development is part of a larger trend where multiple Chinese robotaxi companies, including WeRide and Pony.ai, are entering the Middle Eastern market. WeRide has initiated a driverless robotaxi service in Dubai, set to expand from 50 vehicles to over 1,000 soon. The expansion of these companies comes despite regional conflicts, showcasing the resilience and ambition of the Chinese autonomous driving sector.
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