Pony AI Inc. shares rise 7.90% intraday after starting Gen-7 robotaxi road testing in Beijing.

Pony AI Inc. rose 7.90% intraday, with the company announcing the commencement of road testing for its seventh-generation (Gen-7) Beijing Automotive Industry Corporation (BAIC) Robotaxi model in Beijing. This development signifies significant progress towards large-scale production and commercial deployment, with multiple Gen-7 Robotaxi models undergoing testing in Beijing, Guangzhou, and Shenzhen. The multi-city road testing highlights the stability and adaptability of Pony.ai's autonomous driving system across various vehicle platforms.