{"slug": "pony-ais-ceo-thinks-robotaxis-will-be-widespread-within-five-years-the-problem", "title": "Pony.ai’s CEO thinks robotaxis will be widespread within five years: ‘The technology problem is pretty much already solved’", "summary": "James Peng, founder and CEO of Chinese autonomous driving firm Pony.ai, predicted at the Fortune Leaders Forum in Macau on Sept. 8 that robotaxis will be widespread within five years, saying 'the technology problem is pretty much already solved.' Pony.ai, which runs commercial robotaxi services in Beijing, Guangzhou, Shenzhen, and Shanghai, averages about 25 rides per vehicle per day and reported $12.1 million in robotaxi revenue for the second quarter of 2026, up nearly 700% year over year, despite an operating loss of $65.7 million.", "body_md": "Robotaxis will be a common sight on the world’s streets within five years, predicted James Peng, founder and CEO of the Chinese autonomous driving firm Pony.ai. “I think the technology problem is pretty much already solved,” he said at the Fortune Leaders Forum in Macau on Sept. 8. “You’ll be able to hail a robotaxi just like a normal taxi.”\n\nWhile [Waymo dominates the robotaxi conversation](https://fortune.com/2026/02/03/google-raises-another-16-billion-for-self-driving-taxi-unit-waymo/) in the U.S., Chinese robotaxi firms like Pony.ai are [gaining ground](https://fortune.com/asia/2024/10/10/tesla-robotaxi-china-competition-weride-baidu-apollo-ponyai/) almost everywhere else. [Pony.ai](http://pony.ai), founded in 2016, runs commercial robotaxi services across Beijing, Guangzhou, Shenzhen and Shanghai. The company now averages about 25 rides per day per vehicle.\n\n“Our riders are very diverse across different age groups, different professions,” Peng said. “It’s definitely not something unique, just for the tech-savvy people to try.”\n\nThe company is also pushing abroad. In August, Pony.ai announced an expanded partnership with [Uber](https://fortune.com/company/uber-technologies/) to deploy [more than 2,000 robotaxis](https://www.reuters.com/technology/chinas-ponyai-uber-jointly-deploy-over-2000-robotaxis-europe-2026-08-14/) across Europe, building on their launch in Zagreb, Croatia, and agreed to bring [200 robotaxis](https://www.koreatimes.co.kr/amp/business/tech-science/20260830/ponyai-to-bring-200-level-4-robotaxis-to-korea-by-2028) to South Korea by 2028. It also has partnerships in the Middle East and [Singapore](https://fortune.com/asia/2025/03/18/comfortdelgro-ponyai-robotaxi-self-driving-guangzhou-china-singapore/). \n\nWhen deciding where to expand, Peng said he looks for cities with a relatively expensive taxi market and a favorable regulatory environment. Partnerships with companies like Uber can help foster trust in a community and convince governments and policymakers to embrace a driverless future.\n\nOther robotaxi providers, like [WeRide](https://fortune.com/2025/11/06/weride-ceo-tony-han-robotaxi-hong-kong-ipo-shares-safety/) and Baidu, are also pushing abroad with new ventures in Southeast Asia and Europe. \n\nPeng credited China’s “supportive” regulatory environment for the country’s strength in autonomous driving. “The key challenge is it’s such a complex system,” he said. “It requires hardware, software, talents… China provides a good system to support this kind of innovation.”\n\nMore widespread robotaxis could reshape how cities work. “Most private cars are used for two hours a day,” Peng said. “If robotaxis are more ubiquitous, we’ll save on parking spaces.”\n\n“The implications will be profound,” he added. “It will change the whole urban planning and change the way of our life.”\n\n[Pony.ai](http://pony.ai) generated robotaxi revenue of $12.1 million in the [second quarter of the year,](https://ir.pony.ai/news-releases/news-release-details/pony-ai-inc-reports-second-quarter-2026-financial-results-total) a jump of almost 700% from a year earlier. Still, the company also reported an operating loss of $65.7 million.\n\nIn a March interview with *[Fortune](https://fortune.com/2026/03/26/pony-ai-ceo-james-peng-china-robotaxi/),* Peng noted some ways that robotaxis were changing user behavior. Passengers, for example, sometimes forget to close the car door when leaving; without a human driver, Pony.ai ends up asking nearby delivery gig workers to close the door for them.\n\nAt the Fortune Leaders Forum, Peng shared another observation: The share of female riders trends upwards during evening hours. “They feel a lot safer because there are no drivers,” Peng said. “It’s safe, private, and, also, it’s consistent.”\n\n*breaks the traditional barrier between audience and newsroom. The show transforms*\n\n**Fortune Daily**\n*Fortune*’s trusted reporting into actionable, conversational, and entertaining insights for an emerging class of business leaders.\n\n**Watch here.**", "url": "https://wpnews.pro/news/pony-ais-ceo-thinks-robotaxis-will-be-widespread-within-five-years-the-problem", "canonical_source": "https://fortune.com/2026/09/08/pony-ai-ceo-robotaxis-five-years/", "published_at": "2026-09-08 16:16:33+00:00", "updated_at": "2026-09-08 16:57:30.828127+00:00", "lang": "en", "topics": ["autonomous-vehicles", "artificial-intelligence"], "entities": ["Pony.ai", "James Peng", "Uber", "Waymo", "WeRide", "Baidu", "Fortune Leaders Forum"], "alternates": {"html": "https://wpnews.pro/news/pony-ais-ceo-thinks-robotaxis-will-be-widespread-within-five-years-the-problem", "markdown": "https://wpnews.pro/news/pony-ais-ceo-thinks-robotaxis-will-be-widespread-within-five-years-the-problem.md", "text": "https://wpnews.pro/news/pony-ais-ceo-thinks-robotaxis-will-be-widespread-within-five-years-the-problem.txt", "jsonld": "https://wpnews.pro/news/pony-ais-ceo-thinks-robotaxis-will-be-widespread-within-five-years-the-problem.jsonld"}}