Momenta

Oppo stays ‘committed’ to Europe despite sales suspension in Germany

Chinese smartphone titan Oppo will keep Germany as its main operational hub for its European business despite recently withdrawing sales from the country, Billy Zhang, the firm’s vice president

The Station: EVs abound at Monterey Car Week and Tesla amateur testing spreads to include kids

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your cen

SAIC Mobility valued at $1B after $148M Series B

SAIC Mobility, an arm of state-owned Chinese automaker SAIC that aims to launch a commercial robotaxi service, raised $148 million (RMB 1 billion). The funds will be used to scale its robotaxi service

Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale

Consolidation is moving ahead in the world of autonomous driving, with the latest development coming out of Europe. Today, Bosch announced that it would be acquiring Five.ai, the autonomous driving st

China’s EV upstarts are building their own investment powerhouses

The investment game going after automotive startups is getting more competitive in China with not only established venture capital firms joining the fray but also industry veterans. Two mobility-focus

Chasing Cruise and Waymo, Chinese AV company AutoX plans to begin testing in San Francisco

AutoX, a Chinese autonomous vehicle company that has made plays in both the U.S. and its home country, is now making a move into San Francisco, an area where its biggest competitors are creeping towar

What’s driving China’s autonomous vehicle frenzy?

China's autonomous vehicle industry saw a period of unprecedented acceleration in 2021, with over $8.5 billion invested in robotaxi startups, self-driving truck developers and equipment makers.

China’s robotaxis charged ahead in 2021

Autonomous driving startups in China are in an arms race to put passengers in their machine-driven vehicles. Every few weeks, news arrives that another major player has got the greenlight to launch a

Temasek seeks emerging tech in China as it halts internet investments

China’s sweeping clampdown on its internet industry has chilled investors and startups betting on once red-hot areas like games and e-commerce. But investors aren’t slowing their pace in t

Autonomous driving startup Momenta raises another $500M

In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China, announced today an additional $500 million added to its Series C

China roundup: Meng Wanzhou’s release and Huawei’s future

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. On Friday, Huawei’s c

GM invests $300M in China’s first self-driving car unicorn Momenta

General Motors has now joined a slew of other major automakers, including Toyota, Chinese state-backed SAIC Motor and Mercedes-Benz AG, in putting its chips behind Chinese autonomous driving startup M

China roundup: Beijing is tearing down the digital ‘walled gardens’

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, China gets seriou

Here’s what’s on tap today at TC Sessions: Mobility 2021

It’s game day for mobility tech mavens around the world. Well, at least for the ones who made the savvy decision to attend TC Sessions: Mobility 2021. Are you ready for a day packed with potential,

TezLab CEO Ben Schippers to discuss the Tesla effect and the next wave of EV startups at TC Sessions: Mobility 2021

As Tesla sales have risen, interest in the company has exploded, prompting investment and interest in the automotive industry, as well as the startup world. TezLab, a free app that’s like a Fitb

ChargerHelp co-founder, CEO Kameale C. Terry is heading to TC Sessions: Mobility 2021

Thousands of electric vehicle charging stations will be built around the country over the next decade. ChargerHelp!, founded in January 2020 by Kameale C. Terry and Evette Ellis, wants to make sure th

China’s autonomous vehicle startups AutoX, Momenta and WeRide are coming to TC Sessions: Mobility 2021

As the autonomous vehicle industry in the United States marches toward consolidation, a funding spree continues to exhilarate China’s robotaxi industry. Momenta, Pony.ai, WeRide and Didi’s

Lidar startup Innovusion closes $64M round led by Temasek

More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent times. But it’

The Station: Uber’s new battles in the UK, Lucid Motors’ second life plans and Cruise acquires Voyage

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi friends and new readers, welcome

Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round

Across the street from Suzhou North, a high-speed railway station in a historic city near Shanghai, a futuristic M-shaped building easily catches the eye of anyone passing by. It houses the headquarte
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