
Momenta Hong Kong IPO Filed: Why Toyota’s Self-Driving Partner Abandoned Wall Street
Momenta, the autonomous driving startup powering self-driving systems for BMW, Mercedes-Benz, and Toyota, has filed for a Hong Kong IPO
Every EVXL story tagged “Chery” — newest first.

Momenta, the autonomous driving startup powering self-driving systems for BMW, Mercedes-Benz, and Toyota, has filed for a Hong Kong IPO

Tesla’s new car sales in Spain fell 8.75% in November compared to the same month last year, registering just 1,523 vehicles, according to data released Monday by industry group ANFAC. The decline comes as the broader Spanish electrified vehicle market doubled during the same period, report Reuters. We’ve been tracking Tesla’s European struggles throughout 2025,…

Tesla faces sales pressure in all three of the world’s biggest car markets simultaneously, with European registrations plunging 48.5% in October while industry-wide EV sales jumped 26%. The collapse comes as CEO Elon Musk has spent much of 2025 focused on robotics pursuits and winning shareholder approval for his freshly minted $1 trillion pay package.…

Volkswagen just admitted what we’ve been reporting for years: German engineering can’t keep up with China’s EV pace. The automaker completed its €2.5 billion ($2.9 billion) test center in Hefei on Tuesday, claiming it can now slash development costs by up to 50% while accelerating timelines by 30%. This marks the first time in Volkswagen’s…

Toyota has reaffirmed its commitment to launching solid-state battery electric vehicles by 2027-2028, promising revolutionary 40-year battery lifespans and over 621 miles of range. But with a decade-long history of missed targets and competitors already testing similar technology on public roads, the world’s largest automaker faces a critical credibility test in the global race to…

Honda Motor Co. cut its annual profit guidance by 21% on Friday, citing a critical semiconductor shortage and plummeting Asian demand while confirming the Japanese automaker now expects electric vehicles to comprise just 20% of global sales by 2030, reports Bloomberg. The announcement marks the latest setback in Honda’s year of cascading retreats from electrification…

Nissan has developed prototype solid-state battery cells that promise to double driving range while cutting charging times in half compared to current lithium-ion batteries. The Japanese automaker achieved these performance targets through a partnership with U.S.-based LiCAP Technologies, marking a critical milestone in next-generation EV battery development—even as the company bleeds billions and

Chinese automaker Chery has unveiled a solid-state battery prototype claiming 600 watt-hours per kilogram of energy density—nearly double current lithium-ion technology—that could enable electric vehicles to travel up to 808 miles on a single charge. The announcement positions China’s leading auto exporter ahead of Western rivals in the race to commercialize next-generation battery technology by…
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