Pony AI Inc. (NASDAQ:PONY) reported impressive first-quarter results, with revenues reaching $34.25 million, a 145% year-over-year increase, primarily driven by its robotaxi business. The company experienced a significant surge in robotaxi services revenue, which rose 395.4% to $8.6 million. However, losses widened to $50.41 million, attributed to lower investment income. CEO James Peng announced an ambitious target for 2026, increasing the global robotaxi fleet goal to over 3,500 vehicles, up from 3,000, and projecting robotaxi revenue to exceed 3.5 times 2025 levels. Pony AI is expanding its operations into more than 20 cities globally, having already launched public robotaxi services in countries such as Croatia and Singapore. The company's technology, based on reinforcement learning, aims to enhance operational efficiency and reduce production costs in China to below 230,000 yuan by mid-2027. Following these announcements, Pony AI's stock rose 5.61% to $9.420.