Release Details

Pony AI Inc. ("Pony.ai" or the "Company") (Nasdaq: PONY), a global leader in autonomous driving technology, today announced its entry into the Singapore market, joining hands with its partner ComfortDelGro, the largest local transportation service provider, to deploy autonomous vehicles and facilitate daily commuting for residents. To date, Pony.ai has established a strong global footprint, with expanding operations in Singapore, South Korea, Qatar, Luxembourg, and many more countries.

The two companies are set to introduce autonomous mobility services, starting in the Punggol area. Services will commence in the coming months after obtaining regulatory approval.

The program aligns with Singapore's ambitious plan to integrate mobility solutions into existing transportation infrastructure, complementing taxis, private hailing cars, and subways. Pony.ai's advanced technology will empower services during off-peak hours, effectively addressing the city's transportation challenges that have been constrained by driver shortages.

Pony.ai's collaboration with ComfortDelGro is built on a strong foundation, beginning with the signing of a Memorandum of Understanding (MoU) in July 2024, establishing a strategic partnership aimed at accelerating the large-scale commercial deployment of autonomous vehicles. This partnership has already yielded a successful pilot program in Guangzhou launched in March 2025, which served as a valuable precursor for the expanded efforts in Singapore.

In June 2025, Singapore's Ministry of Transport (MOT) unveiled an exciting plan to deploy autonomous vehicles (AVs) in public housing estates by the end of the year, seamlessly connecting them to the national public transport network. The initial rollout will focus on Punggol district. This initiative is part of a broader governmental effort to address driver shortages while enhancing connectivity across public transportation.

Dr. James Peng, Founder and CEO of Pony.ai, said, "We are thrilled to introduce Pony.ai's advanced autonomous driving technology to Singapore. By delivering safe, comfortable, and efficient autonomous mobility services, we are committed to enhancing local residents’ daily commutes and advancing the nation's smart mobility vision. "

Mr. Cheng Siak Kian, Managing Director and Group CEO of ComfortDelGro, said, "We are delighted to expand our partnership with Pony.ai to bring safe, innovative and reliable autonomous mobility services to communities in Singapore. Our successful collaboration in Guangzhou has provided a strong foundation for this next phase, combining Pony.ai's proven technology with our operational expertise and infrastructure capabilities. This partnership supports our vision for sustainable and intelligent mobility solutions that will benefit our communities."

"Singapore has world-class transportation infrastructure, and its government is very supportive in developing autonomous mobility to help build a green and sustainable future. We see great potential in the local market as well as the broader Southeast Asian markets. Combining our technology with ComfortDelGro's extensive local expertise, we hope to use Singapore as a launchpad to explore more opportunities in the region," said Peng.

About Pony AI Inc.

Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates Pony.ai’s proprietary software, hardware, and services, Pony.ai is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, Pony.ai has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. For more information, please visit: https://ir.pony.ai.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Pony.ai’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Pony.ai’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Pony.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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Pony.ai
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Christensen Advisory
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