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Cyngn Secures Additional Autonomous Vehicle Deployment with Largest Independent Pepsi Bottler, G&J Pepsi

Cyngn (NASDAQ: CYN) announced on December 16, 2025 that G&J Pepsi signed a new purchase order to expand its DriveMod Tugger program with a multi-vehicle deployment.

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Cyngn (NASDAQ: CYN) announced on December 16, 2025 that G&J Pepsi signed a new purchase order to expand its DriveMod Tugger program with a multi-vehicle deployment.

The order follows an initial October deployment at a single bottling plant and continues G&J Pepsi's move toward scaled autonomy across its Ohio and Kentucky distribution network. G&J Pepsi has not yet selected which facilities will receive the vehicles, a decision the company says reflects DriveMod's consistent performance and wide applicability.

Cyngn says the DriveMod system targets repetitive material handling tasks to reduce variability and improve productivity, allowing G&J Pepsi to extend those efficiencies across additional sites.

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Argus Dec 16 session
-8.67% close to close Open Argus
Details

News Market Reaction – CYN

In the Dec 16 session, CYN declined 8.67%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -8.7% in the session following this news. A negative reaction despite commercially p...
Analysis

The stock moved -8.7% in the session following this news. A negative reaction despite commercially positive news would fit a pattern where encouraging operational updates have not always led to sustained gains. The stock sat at 3.23, far below the 200-day MA of 5.56 and 99.48% under the 622.5 52-week high, reflecting prior pressure. An unused $300,000,000 shelf and recent restatements highlight capital and accounting overhangs that could weigh against upbeat deployment headlines.

Key Figures

Product portfolio: more than 650 products Employee count: over 1,900 employees
Product portfolio
more than 650 products
G&J Pepsi operations described in the article
Employee count
over 1,900 employees
G&J Pepsi workforce supporting its network

Historical Context

5 past events · Latest: Nov 20
5 events
  1. Nov 20

    Customer impact recap

    24h Move
    +3.6%

    Customers and partners detailed operational benefits from DriveMod deployments.

  2. Nov 18

    Earnings report

    24h Move
    +4.6%

    Q3 2025 results with higher YTD revenue and extended cash runway to 2027.

  3. Oct 30

    Deployment outcomes

    24h Move
    -2.4%

    Case examples of efficiency gains from DriveMod Tugger at multiple customers.

  4. Oct 23

    Case study release

    24h Move
    +6.6%

    Case study video showing 4x efficiency gains at U.S. Continental.

  5. Oct 14

    Initial G&J deployment

    24h Move
    +3.6%

    Announced DriveMod Tugger deployment with G&J Pepsi’s expanded warehouse.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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The deal with G&J Pepsi builds upon a deployment at a single bottling plant, which was announced in October.

MOUNTAIN VIEW, Calif., Dec. 16, 2025 /PRNewswire/ -- Cyngn (NASDAQ: CYN) today announced that G&J Pepsi has signed a new purchase order for a multi-vehicle expansion of its DriveMod Tugger program. The order represents a continuation of G&J Pepsi's shift toward scaled autonomy across its distribution network.

This next phase of deployment is notable because G&J Pepsi has not yet finalized which facilities will receive the vehicles. The decision to move forward ahead of site selection reflects the consistency of DriveMod's performance and its applicability across a range of workflows.

"Customers increasingly view autonomy as a strategic capability rather than a point solution tied to a single use case," said Lior Tal, Cyngn's CEO. "When organizations commit to additional vehicles before identifying their specific assignments, it signals a high level of confidence in both the technology and the operational return it delivers across different environments."

"Expanding our DriveMod program reflects the results we've already seen and the broader potential we believe autonomy holds for our network," said Jeff Erwin, VP, Manufacturing & Quality at G&J Pepsi. "We're moving forward with additional vehicles before finalizing their facility assignments because the value is clear: the technology performs consistently, integrates cleanly, and gives us a scalable path to strengthening productivity across our operations."

The expansion builds on the previously announced DriveMod deployment within G&J Pepsi's warehousing operations. G&J Pepsi, the largest independent Pepsi bottler in the United States, serves customers throughout Ohio and Kentucky with a portfolio of more than 650 products, supported by a workforce of over 1,900 employees.

Cyngn's autonomous vehicle technology is designed to streamline repetitive material handling tasks, reduce operational variability, and support productivity improvements across large-scale distribution centers. The forthcoming multi-vehicle deployment will allow G&J Pepsi to extend these efficiencies across additional sites within its network.

About Cyngn
Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

Cyngn's DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts.

The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers. For all terms referenced within, please refer to the Company's annual report on Form 10-K/A with the SEC filed on November 14, 2025.

Investor Contact:
Natalie Russell
Chief Financial Officer
investors@cyngn.com

Media Contact:
Luke Renner
Head of Marketing
media@cyngn.com

Where to Find Cyngn:

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company's reports to the Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company's annual report on Form 10-K/A filed with the SEC on November 14, 2025. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

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SOURCE Cyngn

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Cyngn (CYN) announce on December 16, 2025 regarding G&J Pepsi?

Cyngn announced a new purchase order from G&J Pepsi for a multi-vehicle expansion of its DriveMod Tugger program.

Does the G&J Pepsi expansion for Cyngn (CYN) identify which facilities will get vehicles?

No; G&J Pepsi has not yet finalized which facilities will receive the vehicles, but ordered expansion ahead of site selection.

How does the December 2025 G&J Pepsi order relate to Cyngn's prior deployment?

The expansion builds on an October deployment at a single bottling plant and scales autonomy across the network.

What operational benefits does Cyngn say DriveMod provides to G&J Pepsi?

DriveMod is designed to streamline repetitive material handling, reduce operational variability, and support productivity improvements.

Which regions does G&J Pepsi serve that are mentioned in the Cyngn announcement?

G&J Pepsi serves customers throughout Ohio and Kentucky and has a workforce of over 1,900 employees.

What does the multi-vehicle purchase order signal about G&J Pepsi's view of autonomy for shareholders watching CYN?

It signals that G&J Pepsi views autonomy as a scalable strategic capability, committing additional vehicles before final site assignments.

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