Pony.ai and WeRide eye secondary listings in Hong Kong

U.S.-listed self-driving companies looking to grow robotaxi fleets in China

Pony.ai and WeRide, both listed in the U.S., are feeling pressure to expand their fleets of robotaxis in China. (Photos by Tomoko Wakasugi)

CISSY ZHOU

March 14, 2025 14:43 JST

Updated on March 14, 2025 18:18 JST

HONG KONG -- Chinese autonomous driving companies WeRide and Pony.ai, both listed on the Nasdaq, are pursuing secondary listings in Hong Kong to raise funds to expand their fleets amid a push for commercialization, people familiar with the matter told Nikkei Asia.

WeRide submitted a formal application to the Hong Kong Stock Exchange before the Lunar New Year, sources said, while another said Pony.ai is accelerating discussions with investment banks and the bourse.