Tag: momenta
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Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024
In China and the U.S., there’s much debate about when and how humans will achieve fully autonomous robotaxis at scale — cars that chauffeur passengers under complex road conditions without safety drivers behind the wheel. Many pieces are needed to make this happen: mammoth amounts of test data, advanced algorithms, strong operational teams, big checks…
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How China’s first autonomous driving unicorn Momenta hunts for data
Cao Xudong turned on the side of the street at panties and a black T-shirt printed with the term “Momenta,” the name of his startup. Before founding the firm — that last year topped $1 billion at valuation to become China’s first autonomous driving “unicorn” — he’d led an undercover life, but he was convinced…