Here’s momenta posts 76% revenue growth in first results since Hong Kong listing
Momenta reported a gross margin of 73.2% in the first half, while adjusted loss narrowed to 14.1 million yuan.
Momenta reported a gross margin of 73.2% in the first half, while adjusted loss narrowed to 14.1 million yuan.
License issuance is gradually resuming in some cities after the completion of an industry-wide safety review in late June, according to Bloomberg.
Momenta has entered the robovan market, with its vehicles operating for several months in Suzhou, where it is headquartered.
Momenta said its robovans are already running express and overnight delivery routes in Suzhou, built on its in-house R7 world model.
This marks the first time a Chinese company has obtained Level 4 testing authorization covering urban roads across Germany.