financetom
Business
financetom
/
Business
/
Uber, Momenta to begin self-driving testing in Munich next year
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Uber, Momenta to begin self-driving testing in Munich next year
Sep 7, 2025 11:27 PM

(Reuters) -Uber and China-based self-driving tech firm Momenta announced plans on Monday to test level 4 autonomous vehicles in Germany next year, as the ride-hailing platform seeks to expand its robotaxi footprint amid rising competition.

Autonomous vehicles classified as level 4 can drive without human intervention in specific zones and under certain conditions.

Uber has been attempting to establish a strong foothold in the robotaxi industry through partnerships with companies including Alphabet's Waymo, Lucid and WeRide as Tesla also expands its nascent autonomous taxi services.

Self-driving technology has faced a long road to commercialization as safety regulators heavily scrutinize autonomous cars over accidents and crashes.

Momenta's driver assistance software is on the road in 400,000 vehicles through its automotive partnerships, the company said.

Uber and Momenta first announced their partnership in May to introduce autonomous vehicles in international markets outside the U.S. and China.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Baidu robotaxi falls into construction pit in China, raising safety concerns
Baidu robotaxi falls into construction pit in China, raising safety concerns
Aug 8, 2025
BEIJING, Aug 8 (Reuters) - An autonomous vehicle operated by Baidu's ( BIDU ) Apollo Go robotaxi service fell into a deep construction pit while carrying a passenger in southwestern China, according to local media reports. The incident occurred on Wednesday in Chongqing, according to media outlets including the Southern Metropolis Daily and Huashang Newspaper. The female passenger was uninjured...
Ensign Energy Services Q2 Net Loss Widens and Misses Expectations
Ensign Energy Services Q2 Net Loss Widens and Misses Expectations
Aug 8, 2025
06:48 AM EDT, 08/08/2025 (MT Newswires) -- Ensign Energy Services ( ESVIF ) on Friday reported a widened net loss in the second quarter that missed analysts' expectations. The company reported a net loss of $26.4 million or net loss per basic and diluted share of $0.14 for the three-months ended June 30, compared with $4.5 million or $0.02 per...
HSBC Signs New 15-Year Lease at London Property
HSBC Signs New 15-Year Lease at London Property
Aug 8, 2025
06:52 AM EDT, 08/08/2025 (MT Newswires) -- HSBC Holdings ( HSBC ) has signed a new lease for 210,000 square feet at 40 Bank Street in London, Canary Wharf Group said Friday. The lease is for 15 years. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved