China’s self-driving push gains ground in Europe as Momenta, Pony.ai expand

China’s autonomous-driving ambitions are winning growing recognition in Europe, with Deutsche Bank raising its target price for Momenta following a key regulatory breakthrough, and Pony.ai expanding its European robotaxi roll-out alongside Uber Technologies. In a research note released on Monday, Deutsche Bank analyst Bin Wang saw Momenta as the “No 1 independent autonomous-driving solution provider globally”, particularly in the urban “navigation on autopilot” (NOA) segment. “Momenta’s marke...

By Zoe SL Chan