China resumes issuing robotaxi permits after three-month pause

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China has resumed approving permits for driverless taxi services, after suspending new permits since April due to a malfunction of Baidu's autonomous driving system in Wuhan. The green light is being given again gradually in some cities, after regulators completed a major industry review in late June. One of the first companies to receive a new permit is Momenta Global, which has been allowed to test robotaxi services in Shenzhen. Meanwhile, there are signs that Baidu's Apollo Go project in Wuhan is resuming operations. Baidu shares in Hong Kong rose as much as 4.1 percent following the news.

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Momenta GlobalPrivate▲ Positive
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Momenta Global received a new robotaxi permit in Shenzhen after the three-month pause.

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