Pony AI Inc. (NASDAQ:PONY) is one of the Most Promising New Technology Stocks to Buy According to Hedge Funds. On September 20, Pony AI Inc. (NASDAQ:PONY) announced its entry into the Singapore Market by partnering with ComfortDelGro. ComfortDelGro is one of Singapore’s largest transportation service providers.
As part of this partnership, the companies will launch autonomous vehicle services in the Punggol area. This initiative supports Singapore’s plan to integrate autonomous vehicles with existing transport, like taxis, private cars, and the subway. It also addresses driver shortages, especially during off-peak hours.
Pony AI (PONY) Enters Singapore Market By Partnering With ComfortDelGro
Both companies first partnered in July 2024, signing a Memorandum of Understanding. They ran a successful pilot program in Guangzhou in March 2025, leading to the launch of the service, which is expected to start after regulatory approvals in a few months.
Pony AI Inc. (NASDAQ:PONY) specializes in autonomous driving technology. The company operates three main businesses, including robotaxi services, robotruck services, and licensing smart driving solutions.
While we acknowledge the potential of PONY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
[SRC] https://finance.yahoo.com/news/pony-ai-pony-enters-singapore-081338778.html