China's autonomous vehicle startups AutoX, Momenta and WeRide are coming to TC Sessions: Mobility 2021 – TechCrunch
China’s autonomous vehicle startups AutoX, Momenta and WeRide are coming to TC Sessions: Mobility 2021 As the autonomous vehicle industry in the United States marches toward consolidation, a funding spree continues to exhilarate China’s robotaxi industry. Momenta, Pony.ai, WeRide and Didi’s autonomous vehicle arm have all raised hundreds of millions of dollars over the past year. And 21-year-old search engine giant Baidu competes alongside the startups with a $1.5 billion fund launched in 2017 to help cars go driverless. Their strategies are similar in some regards and diverge elsewhere...