PONY AI Inc. Reports First Quarter 2026 Financial Results with Continued Growth in Robotaxi Revenues and Expanding Fleet Deployment

Robotaxi revenues growth — Robotaxi revenues grew by 395.4% year-over-year in Q1, with fare-charging revenues rising by 456.5%. Updating 2026 growth targets — We raise our 2026 Robotaxi revenues target from 3 times to more than 3.5 times the level in 2025 and year-end Robotaxi fleet size target from 3,000 units to over 3,500 units 1 . Increasing User Demand & Order Volume — Demonstrating resilience against typical industry seasonality, user base and paid order volume grew month-over-month year to date. Notably, average weekly paid orders in May 2026 increased by 119% compared to January 2 , and our registered users more than tripled year-over-year 3 . Broadening domestic and overseas deployment — Our Robotaxi fleet has exceeded 1,700 units 4 . In China, we expanded into core urban areas of Guangzhou. Globally, we initiated our Robotaxi deployment in Croatia together with our local partners, marking the first commercial Robotaxi service in Europe. NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- Pony AI Inc. ("Pony.ai" or the "Company") (NASDAQ: PONY , HKEX: 2026)), a global leader in achieving large-scale mass production and commercialization of autonomous driving technology, today announced its unaudited financial results for the quarter ended March 31, 2026. Dr. James Peng, Chairman and Chief Executive Officer of Pony.ai, commented, "We made continued progress across the domestic and overseas markets in the first quarter of 2026. Our Robotaxi fare-charging revenues saw an over five-fold increase year-over-year. Today, we have continued to scale our commercial operation, supported by scaled fleet, technological and operational capabilities, and user experience. Building on this foundation, we are pleased to raise the 2026 targets we set earlier this year, and now expect to end the year with a Robotaxi fleet exceeding 3,500 vehicles deployed in over 20 cities worldwide,