What smart money is saying about Pony AI
3 funds in our archive have pitched Pony AI — most recently Platinium Asset Management in December 2025.
Pony AI Inc., through its subsidiaries, engages in the autonomous mobility in the People's Republic of China and the United States. The company provides robotruck services, such as transportation services to the logistics platforms. It also offers robotaxi services, including a suite of AV engineering solutions comprising AV software deployment and maintenance, vehicle integration and engineering, and road testing; and fare-charging robotaxi services. In addition, the company offers personally-owned vehicle intelligent solutions, including intelligent driving software solutions, proprietary vehicle domain controller products, and data analytics tools; vehicle integration services, software development, and licensing services; and vehicle-to-everything (V2X) products and services to enhance road safety. The company was incorporated in 2016 and is based in Guangzhou, the People's Republic of China.
Get an email when a fund writes about it
Position history
Between Q2 2025 and Q2 2026, 2 fund letters reported a position in Pony AI — 1 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 2 | 1 | 0 | 0 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q3 2025 | 0 | 0 | 0 | 1 |
| Q2 2025 | 0 | 0 | 0 | 1 |
Fund activity · 2 positions · 1 move
- AddedBaron Emerging Markets FundJune 2026
“We added to several of our existing positions during the quarter, including JSW Energy Limited , Grupo Mexico, S.A.B. de C.V. , SK hynix Inc. , Alibaba Group Holding Limited , Nu Holdings Ltd. , Power Grid Corporation of India Limited , Contemporary Amperex Technology Co., Limited , d'Alba Global Co., Ltd. , and Pony AI Inc.”
Read the letterPony AI - HoldsBaron International Growth FundJune 2026
“From a sector or theme perspective, poor stock selection effect in the Information Technology (IT) sector, owing to select investments in our advanced semiconductors/AI ( ISC Co., Ltd. ) and China value-added ( GDS Holdings Limited , Kingdee International Software Group Company Limited , and Pony AI Inc. ) themes, was the largest detractor to relative performance during the quarter.”
Read the letterPony AI
Fund coverage · 3 theses
- Platinium Asset ManagementDecember 2025
Pony AI is scaling robotaxi operations with improving unit economics and technology robustness, positioning it for rapid autonomous mobility growth.
Read the full thesis - Baron International Growth FundJuly 2025
Pony AI Inc. is a leading player in the emerging multi-billion-dollar robotaxi market in China, positioned for rapid growth through advanced technology, strategic partnerships, and regulatory approvals.
Read the full thesis - Baron Emerging Markets FundJune 2025
Pony.ai is a leading player in the autonomous mobility sector, poised to dominate the evolving multi-billion-dollar robotaxi market in China and globally, driven by advanced AI technology, strategic partnerships, and a strong safety record.
Read the full thesis
Read every full thesis on Pony AI
Unlock all 3 theses — the full reasoning behind what funds are buying, plus unlimited access to the entire archive.
View plans→