Pony.ai, WeRide shares sink in Hong Kong debuts as robotaxi battle heats up

In interview, Pony.ai CEO James Peng says vehicle costs 'will definitely drop further'

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Pony.ai's latest robotaxi, developed with Toyota, on display at the Shanghai auto show earlier this year. The company listed its shares in Hong Kong on Nov. 6. © Reuters

LORRETTA CHEN and CISSY ZHOU

HONG KONG -- Chinese robotaxi rivals Pony.ai and WeRide debuted on the Hong Kong Exchange on Thursday, as competition heats up in their fledgling sector and the duo feuds over pre-listing claims.

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