BofA Highlights Pony AI (PONY) Robotaxi Expansion

Pony AI Inc. (NASDAQ:PONY) ranks among the AI stocks beyond NVIDIA that could surge in 2026. BofA Securities restated its Buy rating and $19 target for Pony AI Inc. (NASDAQ:PONY). The firm emphasized the obstacles posed by the company’s expanded operational zones, which include packed office buildings, significant car traffic, and pedestrian congestion.

Pony AI Inc. (NASDAQ:PONY) makes use of its independently created PonyWorld and Virtual Driver systems to deal with a variety of road situations. The company’s use of densely packed road systems in Tianhe, Huangpu, and Panyu Chimelong demonstrates its distinctive technology and operating capabilities.

According to BofA Securities analyst Ming Hsun Lee, the newly established zones “present complicated challenges incl. dense office buildings, heavy vehicle flow, and crowded pedestrian traffic.” That said, Pony AI Inc. (NASDAQ:PONY) intends to expand its robotaxi fleet and improve profitability through economies of scale.

Moreover, on June 22, Pony AI Inc. (NASDAQ:PONY) and ComfortDelGro launched their autonomous mobility offering in Singapore’s Punggol district to the public via the Zig app, transitioning from an invitation-only trial phase to a consumer-centric approach. Pony AI Inc. (NASDAQ:PONY) plans to have over 3,500 robotaxis in over 20 cities by the end of 2026, with Singapore serving as a hub for global expansion.

Pony AI Inc. (NASDAQ:PONY) is involved in the autonomous mobility sector. It provides several services for AV, which include software deployment, vehicle engineering, and more. It also offers logistics platforms with transportation services, along with a licensing and applications business that includes personally owned vehicle intelligent solutions, data analytics tools, and more.

While we acknowledge the risk and potential of PONY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PONY and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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