Chinese autonomous vehicle technology company Pony.ai said Tuesday it plans to triple the size of its robotaxi fleet by the end of next year as its pace of growth — and aspirations — accelerates.

The company, which has about 961 robotaxis in the fleet today, announced the goal during its third-quarter earnings. Pony.ai is targeting a 1,000-robotaxi vehicle fleet by the end of this year. Its goal is to “surpass” 3,000 vehicles by the end of 2026, the company said in its third-quarter earnings report.

Pony.ai, which is publicly traded on the Nasdaq Exchange and Stock Exchange of Hong Kong , has spent the year ramping up its commercial operations. Today, the company offers commercial robotaxi services — meaning it charges for these rides — in Beijing, Shanghai, Guangzhou, and Shenzhen.

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