Reported 8 months ago
China's securities regulator has approved autonomous driving startup Momenta Global Limited's initial public offering (IPO) in the United States. Momenta plans to issue up to 63,352,856 ordinary shares and list on the Nasdaq Stock Market or the New York Stock Exchange. This approval comes as China accelerates the adoption of self-driving cars, having granted permission to a group of automakers to test vehicles with advanced autonomous driving technologies on public roads in June.
Source: YAHOO