Pony AI Inc. (NASDAQ:PONY) shares ticked higher in Tuesday’s premarket trading.
The company said Tuesday it has received regulatory approval to begin by-invite robotaxi rides in Singapore, marking the final testing phase before a public launch.
The service, operated with ComfortDelGro, runs on a 12-kilometer route in Punggol, connecting residential areas to key commercial hubs and transit points, with potential travel time savings of up to 15 minutes.
The milestone advances Pony AI’s dual-engine strategy to scale autonomous mobility in China and overseas markets. The company launched its Singapore program in September 2025 as part of its global expansion, building on a broader partnership with ComfortDelGro.
CEO James Peng said the move brings the service closer to real-world commuting use. During the by-invite phase, selected users will test the service while the company works with regulators to refine operations ahead of a full public rollout.
Technical Analysis
At $8.94, the stock is trading 17% below its 20-day simple moving average (SMA) of $10.78, suggesting a bearish short-term trend. Additionally, it …
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