5 Best Strong Buy Asian Stocks to Invest In

2. Pony AI Inc. (NASDAQ:PONY)

On March 31, 2026, HSBC initiated coverage on Pony AI Inc. (NASDAQ:PONY) with a Buy rating and a $16.60 price target. HSBC noted the company’s robotaxi fleet reached 1,159 vehicles by the end of 2025, exceeding its earlier target of 1,000, and said the current valuation offers an attractive risk-reward profile, with the stock trading close to its bear case assumptions. HSBC added that early movers with the ability to scale robotaxi fleets are likely to be rewarded.

On March 26, 2026, Pony AI reported Q4 EPS of (12c) compared to (23c) last year, with revenue of $29.13M versus $35.52M a year ago. Robotaxi services revenue reached $6.7M, up 159.5% year over year, with fare-charging revenue increasing over 500%. CEO James Peng said 2025 was an “amazing year,” highlighting growth in fleet size, operations, and user base, along with unit economics breakeven in multiple cities. James Peng added the company plans to scale its fleet to over 3,000 vehicles and expand to more than 20 cities globally, supported by a partnership with Toyota and a dual-engine growth strategy.

On March 19, 2026, Pony AI announced the delivery of over 100 seventh-generation robotaxis to Guangzhou Chenqi Mobility Technology, based on the GAC AION V model, with the vehicles set to begin commercial operations on the OnTime Mobility platform. The company also signed an upgraded strategic cooperation agreement with Chenqi Mobility to expand fleet size and geographic coverage, with Pony AI focusing on autonomous driving technology development and licensing its “Virtual Driver” system, while Chenqi Mobility handles fleet ownership and operations.

Pony AI Inc. (NASDAQ:PONY) provides autonomous mobility solutions, including robotaxi services and autonomous driving technology.