Hong Kong Stock Movers | MOMENTA-W (06880) Jumps Over 5% in Late Trading as Momenta Secures Peugeot and Jeep, Client Base Now Covers Top Ten Global Automakers

Stock News09-29 15:50

According to Zhitong Finance APP, MOMENTA-W (06880) surged more than 5% in late trading. As of press time, it was up 4.05% at HK$156.9, with a turnover of HK$22.7294 million.

On the news front, on September 24, Momenta and Shenlong Technology officially announced a global strategic partnership. Leveraging Momenta's R7 world model, the two parties will jointly develop an advanced intelligent assisted driving system to be installed on new mass-production models of Peugeot and Jeep, covering China, Europe, and other global markets, helping Stellantis' mainstream brands accelerate their global intelligent transformation.

With this cooperation with Shenlong Technology, Momenta's client base has now achieved full coverage of the world's top ten automakers.

In addition, Honda's intelligent driving cooperation with Momenta was further confirmed at a media briefing. Honda explicitly stated it will adopt Momenta's advanced intelligent driving solution, with the related technology gradually rolling out starting from models launched in 2027. This solution covers full-scenario assisted driving including highway NOA, urban NOA, and automatic parking.

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