Pony AI rallies after showing off robotaxi upside in Q1

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Pony AI (NASDAQ:PONY) jumped in early trading on Tuesday after reporting Q1 results.

The Guangzhou-based company's 11.6% year-over-year revenue growth was fueled by a 200% year-over-year rise in robotaxi services, with fare-charging revenue soaring 800%. The strong growth rate during the quarter was primarily