Momenta kicks off Hong Kong IPO, targets $751M to fund autonomous driving and Robotaxi expansion

Momenta kicks off Hong Kong IPO, targets $751M to fund autonomous driving and Robotaxi expansion

Momenta raises $751M via HK IPO for autonomous driving R&D and Robotaxi expansion, deployed on 680k vehicles. 82% revenue growth despite losses shows strong L2 autonomy adoption, but profitability path unclear in China's self-driving race.