Ryde Signs MOU with UISEE to Explore Strategic Collaboration in Autonomous Vehicle Projects in Singapore

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Ryde Signs MOU with UISEE to Explore Strategic Collaboration in Autonomous Vehicle Projects in Singapore

TECHNOLOGY 06.07.2026

SINGAPORE, SG / ACCESS Newswire / July 6, 2026 / Ryde Group Ltd (NYSE American:RYDE) ("Ryde" or the "Company"), a leading data-driven technology company and Singapore's first homegrown carpooling app, today announced it has entered into a Memorandum of Understanding ("MOU") with UISEE Technologies (Singapore) Pte. Ltd. ("UISEE"), a full-scenario leading L4 autonomous driving technology provider with proven systems expertise. The MOU establishes a framework for strategic collaboration between the two companies to jointly explore autonomous vehicle ("AV") related projects and opportunities in Singapore.

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Exploring Autonomous Vehicle Integration

Ryde is collaborating with UISEE to establish a framework to explore potential strategic initiatives for AV integration. Under this MOU, the companies plan to share industry knowledge, market insights, and operational expertise where relevant. Additionally, Ryde and UISEE intend to engage with relevant regulatory authorities and industry stakeholders in Singapore to assess the operational feasibility of AVs.

Synergising Infrastructure with AV Technology

This collaboration brings together two complementary strengths: Ryde's established mobility platform, operational network, and deep understanding of Southeast Asia's urban transport landscape, alongside UISEE's proven autonomous driving technology and systems expertise. Together, the companies aim to explore how autonomous solutions can be thoughtfully assessed for future integration into real-world mobility environments, with a focus on safety, operational efficiency, and long-term sustainability.

"Our MOU with UISEE reflects a structured step toward evaluating the potential application of autonomous vehicle technologies within real-world mobility operations," said Terence Zou, Founder, Chairman and CEO of Ryde. "We are taking a disciplined and collaborative approach to assess how these technologies may support safer, more efficient, and more sustainable transport outcomes. Through this engagement, we aim to better understand practical pathways aligned with Singapore's mobility ecosystem and long-term needs."

About Ryde Group Ltd

Ryde is a super mobility app founded in Singapore and recognised as the world's FIRST on-demand carpooling app since 2014. As a publicly listed company on the NYSE American, Ryde is reimagining the way people and goods move around by offering a full suite of services, including carpooling, private hire, taxi, and delivery. What distinguishes Ryde is its commitment to empowering private-hire and taxi partners by taking 0% commission, ensuring that drivers retain more of their hard-earned earnings. For more information, please visit https://rydesharing.com/.

Safe Harbor Statement

This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement.

Contacts

For Media Relations:
Media Team
Ryde Group Ltd
Email: [email protected]

For Investor Relations:
Investor Relations Team
Ryde Group Ltd
Email: [email protected]

SOURCE: Ryde Group

View the original press release on ACCESS Newswire

P.Stevenson--AMWN