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Benzinga
Benzinga
Business
Anusuya Lahiri

Why Is Pony AI Stock Gaining Friday?

Pony AI Pony
The Pony AI Trade

Pony AI Inc (NASDAQ:PONY) stock gained on Friday after it announced that it had produced its 300th ARCFOX Alpha T5 robotaxi, a significant production milestone that accelerates its push toward large-scale commercial services.

The autonomous driving company developed and manufactured the vehicle with Chinese automaker BAIC Group.

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