ComfortDelGro considers bringing self-driving vehicles to London as the Singapore transit operator reports record $4 billion revenue
Singapore-based transit operator ComfortDelGro (CDG) is considering bringing autonomous vehicles to London, the U.K.’s capital city, after successful trials in both China and Singapore.
An earlier pilot program in Guangzhou “has given us the confidence to scale the deployment of AVs both in China and here in Singapore,” chairman Mark Christopher Greaves said during the firm’s earnings call on Feb. 27.
He added that CDG is exploring the possibility of bringing robotaxis to London. Several firms, including U.S.-based Waymo and China-based Baidu, are currently conducting pilots in the U.K.’s capital city.
CDG announced record annual revenue of 5.1 billion Singapore dollars ($4 billion), a 13% jump, for 2025, as the company continues to diversify its business geographically and across different forms of transit.
“Crossing the five billion Singapore dollar revenue mark is a defining milestone in ComfortDelGro’s journey,” said CEO Cheng Siak Kian in a statement.
Traditionally best known in Singapore as the country’s largest taxi operator, CDG is currently trying to expand to cover new kinds of transit, including private-hire, rail, and buses. It’s also ventured into new overseas markets like France and the U.K.
Foreign markets now account for more than just over 55% of CDG’s total revenue, up from 49.1% the previous year. From 2023, the firm embarked on a series of strategic acquisitions, buying Australian taxi operator A2B, U.K. ground transport operator CMAC, and U.K. car hire firm Addison Lee.
“We have built strong momentum in our public transport business with new international bus and rail contracts… [and] are proactively advancing our capabilities in smart and sustainable mobility,” Cheng said.
CDG is using AI to modernize its operations in its home market of Singapore. The firm, No. 105 on Fortune’s Southeast Asia 500 list, announced last September that it plans to roll out autonomous shuttles in the country’s Punggol district by Q2 2026, in partnership with Chinese robotaxi firm Pony AI.
CDG hopes to convert 10% of its global taxi fleet to autonomous vehicles by 2030, CEO Cheng said in his prepared remarks.
The firm is also integrating AI into its public transit business, such as in Metroline, London’s third-largest bus operator. The CDG subsidiary is testing the use of AI to help traffic controllers at its bus depots, which Cheng claimed “substantially reduced the waiting time” for buses.
“We have reduced something like 2,000 hours of commute time,” Cheng said during CDG’s earnings briefing.
This story was originally featured on Fortune.com