Horizon Robotics vs. Momenta: Two paths, one emerging winner
The marginal cost of putting software on another vehicle is far lower than producing another piece of silicon.
The marginal cost of putting software on another vehicle is far lower than producing another piece of silicon.

For overseas investors and industry observers, Zelostech’s Singapore journey offers a different perspective on autonomous driving competition.

Ultimately, the Horizon-Momenta rivalry comes down to one question: what is your competitive moat when your biggest customers can become your biggest competitors?

The company ended its first trading day with a market capitalization of about HK$70.3 billion.

The IPO marks Westwell’s latest attempt to reach the public markets after several false starts.

The IPO has attracted 14 cornerstone investors, who have collectively committed about $376 million and will subscribe to nearly half of the shares on offer.

More than 900,000 production vehicles equipped with Momenta’s systems have been delivered, spanning over 100 vehicle models.

The company’s production-ready systems have been deployed in more than 10 countries and regions across Asia, Europe and Oceania.

They target applications from last-mile delivery and urban logistics to industrial park transportation and long-haul freight.

The launch marks a significant shift for Waymo, which has historically relied on modified production vehicles, toward a purpose-built platform designed specifically for fully autonomous transportation.