Overview

• CNBC reports the new round could value the Beijing-based autonomous-driving firm at about $6 billion, after Bloomberg cited a figure above $5 billion.
• A company spokesperson said the published funding figures and progress are inaccurate, declining to share precise details.
• Momenta announced a deal to power driver assistance in Mercedes-Benz’s new electric CLA in China this week, following a June agreement to equip BMW’s Neue Klasse EVs in China.
• Reuters reported the company is preparing for an IPO and considering shifting a planned listing from New York to Hong Kong.
• Uber and Momenta said Level 4 robotaxi testing is planned in Germany in 2026, with Munich slated as the initial site.