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Peugeot

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  • Momenta supplies Chinese robotics software to Peugeot, Citroën and Jeep for exports to Europe

    Chinese company Momenta will deploy its autonomous driving software in future vehicles of the Peugeot, Citroën and Jeep brands that are exported, managers of the Stellantis joint venture in Wuhan announced. The technology is intended to reach Europe as well as Canada, Mexico and other markets outside the U.S. Momenta stresses its leadership in autonomous driving, says it holds high market shares in China and has received test permits in Germany for Level‑4 vehicles; after its Hong Kong IPO the company faces valuation pressure while reporting sharply higher revenue and widened losses. » Más en faz.net

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