Pony.ai has reported significant year-on-year growth in its robotaxi business for the first quarter of 2026, alongside continued expansion of its fleet and international operations.
In its latest financial update, the company’s robotaxi revenues rose by 395.4% compared with the same period last year, while fare-charging revenues increased by 456.5%. Total quarterly revenue reached 34.3 million USD, up 145.0% year-on-year.
The company also updated its full-year 2026 targets, raising its forecast for robotaxi revenues to more than 3.5 times the 2025 level. It increased its year-end fleet target from 3,000 to over 3,500 vehicles, supported by continued deployment of its seventh-generation robotaxi platform.
Pony.ai’s current robotaxi fleet now exceeds 1,700 vehicles, with further expansion underway in China and overseas markets. Domestic growth includes entry into additional urban areas of Guangzhou, while internationally, the company has begun robotaxi services in Croatia in partnership with local operators. This is described as the first commercial robotaxi service in Europe.
The company also reported that user demand and order volumes continued to increase, with average weekly paid orders in May 2026 more than doubling compared with January. Meanwhile, its registered user base in China has more than tripled year-on-year.
Pony.ai highlighted its broader deployment strategy across multiple markets, stating that it is now active in several countries, including Singapore, South Korea, Qatar and Croatia, with further expansion planned.
Dr. James Peng, Chairman and Chief Executive Officer of Pony.ai, said: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, and Robotaxi revenues to reach over 3.5 times the amount recorded in 2025. Supported by our dual-engine strategy and joint deployment model, we will continue to provide safe and reliable Robotaxi services at scale, promoting the sustainable development of the autonomous driving industry and the broader society.
Safety and system design were also emphasised in the update. The company said its autonomous driving system is built around redundancy and fail-operational capabilities intended to maintain safe operation in the event of component failure. It also described the use of reinforcement learning and simulation-based “world models” to improve performance in complex driving scenarios.
Pony.ai continues to invest in its next-generation robotaxi platform, including efforts to reduce vehicle and system costs to support wider deployment. The company also outlined ongoing development in related areas such as autonomous trucking and low-speed delivery applications.
Further expansion targets include reaching more than 20 cities globally by the end of 2026, supported by continued fleet growth and wider commercial deployment of its autonomous driving services.
