Pony AI’s first 2,000 robotaxi vehicles will be deployed mainly in Europe with a few in the Middle East, Citi analysts cite management as saying. The first batch will be exported from China, with a potential switch to European local brands in the future, with Pony earning per-mile revenue from the testing phase onward. Management maintains a target of 3,500 units this year and disclosed an internal target of 10,000 units for next year, with overseas accounting for 30% to 40%, depending on regulatory approval cadence.

Aviation investors can’t agree on where airline stocks are heading, though the overall mood is slightly pessimistic, Citi analyst Conor Dwyer says. Ryanair, Air France-KLM and IAG have seen the highest proportion of positive bets, with sentiment toward Lufthansa and Wizz Air more pessimistic. Lufthansa rises 2.5%, followed by Ryanair, up 2.2%, and Wizz Air, up 2%.

Aeroports de Paris’s share price doesn’t reflect a postpandemic rebound in tourism flows, Deutsche Bank says, lifting its rating to buy from hold. Deutsche raises its target price to 130 euros from 110 euros. Airports of Thailand stands to benefit from a higher passenger service charge, with earnings likely to grow 7% this year. The brokerage raises the stock’s target price to 75.00 baht from 65.00 baht.

Canada Industry Minister Melanie Joly says the threat posed by President Trump to Canada’s automotive sector “is real.” Trump threatens to double the tariff on Canadian-assembled cars to 50%. She’s spoken to the presidents of the Canadian units of Ford Motor, Toyota and Honda.