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Barchart
Barchart
Ebube Jones

This ‘Strong Buy’ Robotaxi Stock Just Got a Huge Bump. Should You Buy Shares Now?

The robotaxi market is moving fast in 2025, and China is right at the center of it all. Pony.ai (PONY) just made headlines when its stock jumped almost 50% in one day on April 28. This big move happened after the company announced it had cut the cost of its self-driving system by 70% and was working quickly to become profitable, a rare thing in the world of self-driving cars.

Pony.ai’s rise is happening while the global robotaxi market is set to more than skyrocket, growing from $1.19 billion in 2024 to $2.01 billion in 2025, with an impressive annual growth rate of over 69%. As cities get more crowded and traffic gets worse, more people are looking for cleaner, faster, and driverless ways to get around. Pony.ai is taking advantage of this trend by teaming up with major partners and pushing its technology forward.

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