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Wire · opportunities

Mercedes-backed Momenta targets Dubai and Europe for robotaxi expansion

30 September 2026 · By · Wire by Fusion42

Published

30 September 2026

Topic

opportunities

◆ Sectors

Micromobility

◆ Geography

Europe

◆ Source

Read at reuters.com →

◆ Verified

Fusion42 · 1 October 2026 · Fusion42 review

Chinese autonomous-driving firm Momenta plans significant robotaxi fleet expansion in Dubai and Europe next year, aiming to deploy thousands of vehicles while developing cost-efficient custom chips to support its autonomous technology.

This Wire brief sits within Fusion42's coverage of Micromobility.

◆ ◆ The Wire takeaway

You must prepare for competition as Momenta brings thousands of robotaxis to European and Dubai streets supported by cheaper, custom chips. The scale and cost advantage will pressure startups reliant on generic AI chips in autonomous driving.

◆ Coverage

1 source · 30 Sep 2026

◆ Related on Wire

◆ Topics

Micromobilityrobotaxiautonomous-drivingmobilitychip-developmentdubai-expansioneurope-expansion