Deutsche Bank raises target price for Chinese autonomous driving company Momenta; Pony.ai partners with Uber to expand robotaxi services in Europe.
Analysts at Deutsche Bank published a research report on Monday, raising the target price for Chinese autonomous driving company Momenta, calling it the "world's largest independent autonomous driving solution provider," particularly excelling in urban "Navigate on Autopilot" (NOA). Meanwhile, another Chinese autonomous driving company, Pony.ai, is collaborating with Uber to expand its robotaxi service deployment in Europe, signaling the growing recognition of Chinese autonomous driving technology in the European market.
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