Self-driving
Momenta's shares began trading on the Hong Kong Stock Exchange after a share sale of up to about HK$5.9 billion (about $750 million).
A dated step forward on the record
What the source says
“It is selling about 19.9 million shares at HK$295.60 each, raising up to HK$5.9bn”
What it means
Momenta, from Momenta, is at stage 5 of 5 on our ladder: regulator-cleared or mass market. Its stage is set by other milestones on its record; this one adds to the history.
Human help: The maker hasn't said whether people help it remotely.
More on Momenta
- Momenta said more than one million cars built by carmakers now carry its driver-assist software.
- Germany's federal motor transport authority allowed Momenta to test Level 4 self-driving cars (cars that drive themselves in set areas) on public roads across the country.
- Momenta got a licence for driverless trial service in Shanghai's Pudong New Area.
- Uber and Momenta said they would start testing robotaxis in Munich, Germany, in 2026.