Momenta Hong Kong IPO Filed: Why Toyota’s Self-Driving Partner Abandoned Wall Street
Momenta, the autonomous driving startup powering self-driving systems for BMW, Mercedes-Benz, and Toyota, has filed for a Hong Kong IPO
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Momenta, the autonomous driving startup powering self-driving systems for BMW, Mercedes-Benz, and Toyota, has filed for a Hong Kong IPO
Tesla has just done something no automaker has ever done in Norway: sold more cars in a single year than any manufacturer in the country’s history, and there’s still a month left to go. We’ve been tracking Tesla’s rollercoaster year in Norway closely, and Monday’s registration data from the Norwegian Road Federation (OFV) confirms what…
Chinese premium EV maker Zeekr officially began sales in Germany on Monday, bringing three electric models priced from €37,990 ($44,065) to the doorstep of BMW, Mercedes, and Volkswagen. We’ve been tracking China’s EV invasion of Europe for years, and this launch marks a pivotal escalation: a Geely-owned brand is now competing head-to-head with German automakers…
Tesla’s new car sales in Spain fell 8.75% in November compared to the same month last year, registering just 1,523 vehicles, according to data released Monday by industry group ANFAC. The decline comes as the broader Spanish electrified vehicle market doubled during the same period, report Reuters. We’ve been tracking Tesla’s European struggles throughout 2025,…
BMW’s all-electric coupe-SUV future just came into focus. Prototypes of the new iX4 have been spotted testing for the first time, revealing a sleek, range-topping electric crossover that could deliver more than 500 miles on a single charge, according to Autocar. We’ve been tracking BMW’s Neue Klasse transformation since prototypes began testing in southern France…
We’ve been warning for months that China’s EV “miracle” was built on unsustainable foundations. This week, Bloomberg delivered the receipts. Chinese EV stocks are in freefall after a brutal Q3 earnings season exposed what we’ve been documenting all year: the growth-at-all-costs era is ending, and the bill is coming due. Investors who bet on endless…
Germany just made it official. Chancellor Friedrich Merz confirmed today that he’s sending a letter to European Commission President Ursula von der Leyen demanding that Brussels allow plug-in hybrids and “highly efficient” combustion engines to be sold beyond the 2035 deadline. “We’re sending the right signal to the commission with this letter,” Merz said at…
Tesla’s top China executive publicly defended the company’s deep ties to Chinese suppliers on Wednesday, directly contradicting reports that the automaker is systematically removing China-made components from its American factories.
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