Momenta

And that's going to be a market where...

No surprise to our audience, Waymo will be competing with Chinese Momenta, who has a partnership with Uber, another head-to-head market.

Regulatory capture has started here.

Now does Uber start regulatory capture in Europe? Don't know.

In China, Didi started trials in Beijing and Guangzhou with its second generation robo-taxi.

Momenta, which may have the most advanced autonomous tech stack in China, says its first half revenue jumped 76%, or about $238 million.

And then there's Tesla.

It's gonna officially launch its cyber cab with a media extravaganza in Austin, Texas tomorrow.

like a Prius.

With Momenta again, Momenta inside, CTL batteries.

But of the 100 globally, 22 will be in China by 2030.

So I think they want to put up a fight.

It's a great product, perhaps.

But do not forget, Mercedes has the partnership with Momenta, who has the Uber partnership.

And I don't think Mercedes wants to be viewed as a contract manufacturer.

Then there's the one that they start, stop, start, stop.

Now, European iX3 orders have approached 100,000 since its launch in 2025.

China's version adds wheelbase length, and that all goes to the rear passenger legroom, by the way, and it adds local driving software working with Chinese autonomous driving firm Momenta supporting intelligent driving in both models.

BMW also displayed China's eighth-generation Neue Klasse i3 sedan due for delivery in the first quarter of 2027.

The China rollout will combine BMW hardware and local software.

I remember we talked about three or four years ago, I thought it was a coup that they were able to sign up the foreign automakers.

But now, because of sales in China have fallen off a cliff for virtually every foreign partner that they've partnered with, it creates a difficult situation for Momenta because Momenta is not going to be able to recruit Chinese domestic brands because each one of them either already has a partner or is using their own stack.

Well, Momenta is a big SAIC motor supplier.

They're independent brands, right? GM, Buick, Cadillac, MG, MG.

But their other

And inside, there's the 27-inch dual screen display and heads-up display.

The assisted driving system comes from Momenta, the Chinese supplier now embedded across the country's mid-market.

A foreign carmaker in China no longer writes their own driver assistance software against local rivals.

That would be foolish.