U.S. Stock Movement | XPeng rises nearly 8% as it aims for a fleet of 1,000 vehicles and achieves breakeven for individual vehicles
On Friday, Pony AI rose nearly 8%, closing at $19.29. In terms of news, Pony AI announced the launch of its 300th jointly manufactured ARCFOX Alpha T5 autonomous taxi—this significant production milestone accelerates the company's progress towards large-scale deployment and commercialization. With the seventh-generation Robotaxi fleet steadily in production and rollout, Pony AI is moving towards its year-end goal: expanding its fleet to 1,000 vehicles and achieving breakeven on a per-vehicle economic basis. Additionally, it has been reported that Pony AI plans to go public in Hong Kong within two weeks, aiming to raise over $500 million
According to Zhitong Finance APP, on Friday, XPeng (PONY.US) rose nearly 8%, closing at $19.29. In terms of news, XPeng announced the launch of its 300th jointly manufactured ARCFOX Alpha T5 autonomous taxi—this significant production milestone accelerates the company's progress towards large-scale deployment and commercialization. With the steady production and rollout of the seventh-generation Robotaxi fleet, XPeng is moving towards its year-end goal: to expand its fleet to 1,000 vehicles and achieve breakeven on a per-vehicle economic basis. Additionally, it has been reported that XPeng plans to go public in Hong Kong within two weeks, aiming to raise over $500 million
