http://Pony.ai CEO James Peng predicts robotaxis will become commonplace worldwide within five years, saying the technical hurdles are largely solved.

The company plans over 2,000 robotaxis in Europe with Uber and 200 in South Korea by 2028. Its vehicles currently average about 25 trips daily.

Q2 robotaxi revenue rose nearly 700% to $12.1M, but companywide operating losses reached $65.7M. Expansion is accelerating; profitability remains a challenge.