• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
AsiaSingapore
AsiaEurope

ComfortDelGro considers bringing self-driving vehicles to London as the Singapore transit operator reports record $4 billion revenue

Angelica Ang
By
Angelica Ang
Angelica Ang
Writer
Down Arrow Button Icon
Angelica Ang
By
Angelica Ang
Angelica Ang
Writer
Down Arrow Button Icon
February 27, 2026, 8:07 AM ET
“Crossing the five billion Singapore dollar revenue mark is a defining milestone in ComfortDelGro’s journey,” said CEO Cheng Siak Kian in a statement.
“Crossing the five billion Singapore dollar revenue mark is a defining milestone in ComfortDelGro’s journey,” said CEO Cheng Siak Kian in a statement.Piotr Swat—SOPA Images/LightRocket via Getty Images

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.

Recommended Video

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. 

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Angelica Ang
By Angelica AngWriter

Angelica Ang is a Singapore-based journalist who covers the Asia-Pacific region.

See full bioRight Arrow Button Icon

Latest in Asia

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Asia

The Iran war is accelerating plans for Southeast Asia to go nuclear. Experts say it won’t be easy
EnergyAlternative energy
The Iran war is accelerating plans for Southeast Asia to go nuclear. Experts say it won’t be easy
By Angelica AngApril 1, 2026
6 hours ago
Is the org chart dead in the age of AI? LinkedIn’s chief economic opportunity officer thinks so
Future of WorkLinkedIn
Is the org chart dead in the age of AI? LinkedIn’s chief economic opportunity officer thinks so
By Nicholas GordonMarch 31, 2026
1 day ago
Anil Agarwal, founder and chairman of Vedanta Group, at the CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 25, 2026. The event convenes more than 10,000 participants from over 2,350 companies across 89 countries for dialogue on the agenda ahead as the world enters a new era of energy transition. Photographer: Aaron M. Sprecher/Bloomberg via Getty Images
EnergyIndia
Energy ‘vulnerable’ India seeks U.S. help to produce more oil and wean itself off Russia, Middle East reliance amid geopolitical turmoil
By Jordan BlumMarch 31, 2026
1 day ago
Dollar doomsayers can relax: Iran’s ‘petroyuan’ gambit won’t topple the greenback
Commentaryoil and gas
Dollar doomsayers can relax: Iran’s ‘petroyuan’ gambit won’t topple the greenback
By Paul BlusteinMarch 30, 2026
2 days ago
Private equity is eying Asia’s health care funding gap as countries get wealthier and older
InvestingHealth
Private equity is eying Asia’s health care funding gap as countries get wealthier and older
By Angelica AngMarch 29, 2026
3 days ago
walton
InvestingSports
American billionaires — including the Waltons — are splashing their cash on Indian cricket teams
By Chetan Narula and The Associated PressMarch 29, 2026
3 days ago

Most Popular

Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
Economy
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
By Fortune EditorsMarch 30, 2026
2 days ago
Markets cheer as Trump threatens to abandon Iran war, but Jamie Dimon sides with allies: ‘Win this thing and clean up the straits’
Energy
Markets cheer as Trump threatens to abandon Iran war, but Jamie Dimon sides with allies: ‘Win this thing and clean up the straits’
By Fortune EditorsMarch 31, 2026
23 hours ago
A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to compete
AI
A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to compete
By Fortune EditorsMarch 30, 2026
2 days ago
Kevin O'Leary says if you earn $68,000 a year and follow this rule, you'll retire a millionaire
Personal Finance
Kevin O'Leary says if you earn $68,000 a year and follow this rule, you'll retire a millionaire
By Fortune EditorsMarch 31, 2026
22 hours ago
The federal government shed 385,000 employees last year. Now the Trump administration is on a blitz to hire Gen Z workers
Politics
The federal government shed 385,000 employees last year. Now the Trump administration is on a blitz to hire Gen Z workers
By Fortune EditorsMarch 31, 2026
1 day ago
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
Success
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
By Fortune EditorsMarch 31, 2026
22 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.