Pony AI Deploys Robotaxis in Doha with Qatar's Mowasalat

Pony AI Inc has formed a strategic partnership with Mowasalat, Qatar's largest transportation provider, to deploy autonomous vehicles including robotaxis on public roads in Doha. This collaboration marks a significant expansion into the Middle East, building on Pony AI's earlier presence in Dubai, and aligns with Qatar's National Vision 2030 focusing on sustainable development and advanced infrastructure. The deployment involves testing with safety operators to adapt the autonomous technology to Qatar's unique climate, road conditions, and traffic environment. The partnership leverages Mowasalat's local expertise and infrastructure, enhancing the project's potential success and positioning Pony AI to capture significant market share in the region. Financially, the announcement positively impacted Pony AI's stock, reflecting investor confidence amid broader growth, including a 158% year-over-year surge in robotaxi revenue and plans to reach 1,000 vehicles on the road by year-end. Institutional investors like ARK Invest have shown increased interest, underscoring optimism about Pony AI's long-term prospects in autonomous mobility.