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On August 25, 2026, Pony AI Inc. announced new continuing connected transactions with Sinotrans Group subsidiaries to…
PONYPony AI Inc.
On August 25, 2026, Pony AI Inc. announced new continuing connected transactions with Sinotrans Group subsidiaries to support its global expansion and robotruck operations. The company entered into framework agreements for freight forwarding services (caps up to $4.8 million), international logistics and delivery services (caps up to $5.9 million), and international logistics management services (caps up to $2.5 million). Additionally, Pony AI revised the annual caps under its existing Transportation Services Framework Agreement with Sinotrans, increasing the 2026 cap from $39 million to $58 million due to accelerated revenue growth from robotruck deployments. These transactions are exempt from shareholder approval but require independent director confirmation of fairness. Pony AI Inc. operates in the autonomous driving technology industry, developing and commercializing Level 4 self-driving passenger mobility and freight solutions.