<p>Pony AI 报告了其首个盈利季度，尽管这一结果似乎主要受到一次性投资收益的影响，而非其核心机器人出租车业务的重大变化。净收入在 12 月季度达到了 7550 万美元，帮助公司全年亏损缩小 72% 至 7680 万美元，同时全年收入增长 20%，达到 9000 万美元。盈利的提升与对中国芯片制造商摩尔线程的早期投资有关，该公司在 12 月上市后股价上涨了 425%，尽管管理层重申仍在加大支出以加速商业化进程。</p>
<p>这一布局正值全球机器人出租车竞赛持续升温之际，Alphabet 的 Waymo 正在美国扩展至 10 个城市，而包括 Pony AI、Weride 和百度的 Apollo Go 在内的中国企业则通过合作伙伴关系向海外市场拓展。Pony AI 正在与 Uber 和 Lyft 等合作伙伴在中东和英国等地区进行合作，并准备与 Uber 和当地初创公司 Verne 一起在萨格勒布推出服务，这可能成为欧洲首个收费的自动驾驶出租车服务城市。该公司还在卢森堡进行试点，而 Uber 和百度则在伦敦测试服务。</p>
<p>目前的执行似乎专注于扩大一个在中国开始显示早期运营成效的模型。Pony AI 表示，在推出第七代机器人出租车后，其在广州和深圳已实现每辆车的盈亏平衡，并计划在今年在全球超过 20 个城市部署服务，同时将车队扩展至 3000 辆。管理层表示，国际上复制其中国模型可能有助于建立双重增长引擎，尽管最新季度对投资驱动利润的依赖可能表明，机器人出租车业务的持续盈利能力仍在发展中。</p>

摩尔线程-U

小马智行-W

小马智行

<p>Pony AI 报告了其首个盈利季度，净收入为 7550 万美元，主要得益于其在摩尔线程的投资收益，该投资激增了 425%。公司的全年亏损缩小了 72%，降至 7680 万美元，收入增长了 20%，达到 9000 万美元。尽管如此，Pony AI 仍在其机器人出租车业务上进行大量投资，旨在全球扩展服务，并已在一些中国城市实现了盈亏平衡。公司计划在今年在超过 20 个城市部署服务，车队将扩展至 3000 辆</p>

<p>Pony AI  has reported its first profitable quarter, though the result appears to be shaped largely by a one-off investment gain rather than a step-change in its core robotaxi operations. Net income reached $75.5 million in the December quarter, helping narrow the company's full-year loss by 72% to $76.8 million, while revenue rose 20% for the year to $90 million. The earnings boost was linked to an early investment in Chinese chipmaker Moore Threads, whose shares climbed as much as 425% following its December listing, even as management reiterated that it is continuing to front-load spending to accelerate commercialization.</p>
<div class="lb-trans"><p>Pony AI 报告了其首个盈利季度，尽管这一结果似乎主要受到一次性投资收益的影响，而非其核心机器人出租车业务的重大变化。净收入在 12 月季度达到了 7550 万美元，帮助公司全年亏损缩小 72% 至 7680 万美元，同时全年收入增长 20%，达到 9000 万美元。盈利的提升与对中国芯片制造商摩尔线程的早期投资有关，该公司在 12 月上市后股价上涨了 425%，尽管管理层重申仍在加大支出以加速商业化进程。</p>
</div><p>The setup comes as the global robotaxi race continues to build momentum, with Alphabet's  Waymo expanding into 10 cities in the US, while Chinese players including Pony AI, Weride and Baidu's (BIDU) Apollo Go are pushing into overseas markets through partnerships. Pony AI is aligning itself with partners such as Uber and Lyft  across regions including the Middle East and the UK, and is preparing for a launch in Zagreb alongside Uber  and local startup Verne, which could potentially become Europe's first city with a fare-charging autonomous taxi service. The company is also running trials in Luxembourg, while Uber and Baidu are testing services in London.</p>
<div class="lb-trans"><p>这一布局正值全球机器人出租车竞赛持续升温之际，Alphabet 的 Waymo 正在美国扩展至 10 个城市，而包括 Pony AI、Weride 和百度的 Apollo Go 在内的中国企业则通过合作伙伴关系向海外市场拓展。Pony AI 正在与 Uber 和 Lyft 等合作伙伴在中东和英国等地区进行合作，并准备与 Uber 和当地初创公司 Verne 一起在萨格勒布推出服务，这可能成为欧洲首个收费的自动驾驶出租车服务城市。该公司还在卢森堡进行试点，而 Uber 和百度则在伦敦测试服务。</p>
</div><p>Execution now appears focused on scaling a model that has started to show early operational traction in China. Pony AI said it has reached per-vehicle breakeven in Guangzhou and Shenzhen following the rollout of its seventh-generation robotaxi, and is aiming to deploy services in more than 20 cities globally this year while expanding its fleet to 3,000 vehicles. Management indicated that replicating its China model internationally could help build dual growth engines, though the reliance on investment-driven profit in the latest quarter may suggest that sustained profitability from robotaxi operations is still developing.</p>
<div class="lb-trans"><p>目前的执行似乎专注于扩大一个在中国开始显示早期运营成效的模型。Pony AI 表示，在推出第七代机器人出租车后，其在广州和深圳已实现每辆车的盈亏平衡，并计划在今年在全球超过 20 个城市部署服务，同时将车队扩展至 3000 辆。管理层表示，国际上复制其中国模型可能有助于建立双重增长引擎，尽管最新季度对投资驱动利润的依赖可能表明，机器人出租车业务的持续盈利能力仍在发展中。</p>
</div>

小马智行首次实现盈利，摩尔线程的股份飙升了 425%