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Deutsche Bank Upgrades Momenta After Level 4 Approval

8/18/2026

Summary

Story summary

Deutsche Bank raised its target price for Momenta to HK$400 per share and gave a “Buy” rating after the firm secured Level 4 system approval.
Momenta controls 64.5 percent of the autonomous-driving market, works with nine of ten OEMs, and counts Mercedes-Benz, Toyota and GM among its shareholders.
Pony.ai expanded its Uber partnership to operate over 2,000 Level 4 robotaxis in five European cities, providing the technology and operational expertise.

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Story summary

Deutsche Bank raised its target price for Momenta to HK$400 per share and gave a “Buy” rating after the firm secured Level 4 system approval.
Momenta controls 64.5 percent of the autonomous-driving market, works with nine of ten OEMs, and counts Mercedes-Benz, Toyota and GM among its shareholders.
Pony.ai expanded its Uber partnership to operate over 2,000 Level 4 robotaxis in five European cities, providing the technology and operational expertise.