Browsing Tag
SAIC Motor Corporation
2 posts
Momenta IPO seeks $751m as HKEX: 6880 tests autonomous-driving valuation
Momenta Global Limited’s Hong Kong IPO gives investors access to a fast-growing autonomous-driving software supplier, but its near-$9 billion valuation depends on licensing scale, robotaxi execution and narrower losses.
Chinese EV makers circle Europe’s idle car plants as Brussels weighs a 70% local content rule
BYD, Leapmotor, Chery and SAIC are absorbing Europe's surplus auto capacity as Brussels prepares a 70 percent local content rule for Chinese-built EVs.