
Momenta’s robotaxi moment arrives — but the real test starts now
The approval marks the first time a Chinese company has obtained nationwide L4 testing authorization covering German city roads.

The approval marks the first time a Chinese company has obtained nationwide L4 testing authorization covering German city roads.

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 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.