The stock prices of robotaxi companies have recently been strong. As of the close of US markets on September 24th, Pony.ai's stock price had risen by over 50% since September; WeRide's stock price had risen by over 20%; and Baidu, which owns Carousel, had seen its stock price rise by nearly 40%. As leading players accelerate the commercial deployment of robotaxi vehicles in more markets around the world, and as many companies continue to improve their mass production delivery speeds and operational data, coupled with cost reductions, the industry has entered a critical transition period, from technology validation to large-scale commercial operations.