• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Friday, October 24, 2025
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Electric Vehicles

China’s Momenta Global gets approval for US IPO in autonomous driving push

David Ijaseun by David Ijaseun
June 20, 2024
in Electric Vehicles
0
Momenta Global Limited

Momenta Global Limited

831
SHARES
7.8k
VIEWS
Share on FacebookShare on Twitter

China’s Momenta Global Limited, an autonomous driving startup, has received approval from China’s securities regulator for its initial public offering (IPO) in the United States. The company plans to issue up to 63,352,856 ordinary shares and list on either the Nasdaq Stock Market or the New York Stock Exchange, according to a statement from the regulator.

The approval comes as China has granted the green light to a first group of nine automakers to conduct tests on vehicles with advanced autonomous driving technologies on public roads. This move is part of a broader plan to speed up the adoption of self-driving cars in the country.

READ ALSO

Tesla’s China comeback: Sales double as buyers rush to avoid 5% EV tax

BYD recalls over 115,000 vehicles for design, battery safety flaws

The auto industry categorizes autonomous driving into five levels, ranging from driver assistance features like cruise control at level one to fully self-driving cars at level five. China issued guidelines for a nationwide scheme last November, opening up the acceptance of applications from companies looking to deploy more fully autonomous driving vehicles for widespread use.

Under the plan, drivers in the test vehicles are permitted to take their hands off the steering wheels, with automakers and fleet operators assuming responsibility for safety.

Read more on Electric vehicle boom in U.S. and China slashes fuel demand to lowest since 2020

Tags: Around the worldself-driving cars

Related Posts

Tesla sales surge in China
Electric Vehicles

Tesla’s China comeback: Sales double as buyers rush to avoid 5% EV tax

October 23, 2025
BYD
Electric Vehicles

BYD recalls over 115,000 vehicles for design, battery safety flaws

October 20, 2025
Xiaomi electric vehicle
Electric Vehicles

Driver dies in Xiaomi EV fire, shares dive over 8%

October 14, 2025
Tesla and Lucid
Electric Vehicles

Lucid Motors gains ground as Tesla’s model S loses shine after 12 years

October 13, 2025
Volvo Ex90 EV upgrade
Electric Vehicles

Volvo offers free upgrades to EX90 owners in move to win back trust

October 13, 2025
Hyundai Motor Company
Electric Vehicles

Hyundai announces global vehicle overhaul in $2.7bn EV push

October 13, 2025
Next Post
2024 Lexus GX550

2024 Lexus GX550: Where luxury meets adventure

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

Red Bull’s Verstappen breaks F1 speed record with fastest lap in history

Red Bull’s Verstappen breaks F1 speed record with fastest lap in history

September 7, 2025
Formula 1 Nigeria

Nigeria bids to host first Formula 1 Grand Prix in Africa since 1993

July 24, 2025
Mitsubishi Outlander SUV

Top safety features in the Mitsubishi Outlander sport utility vehicle

February 10, 2023
NEV Motors launch

Nigeria accelerates green future with launch of NEV T6 electric buses in Abuja

March 8, 2025

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • Road Accident Fund scandal: R43bn govt agency exposed for massive mismanagement
  • Why petrol costs so much in South Africa
  • Tesla’s China comeback: Sales double as buyers rush to avoid 5% EV tax
  • Assembling a Brighter Future: How Nigeria could build a thriving auto industry, save foreign exchange

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In