BEIJING, Dec 18 (Reuters) – China’s autonomous driving startup Momenta has entered a strategic partnership with Singapore-based Grab, the companies said on Thursday. Momenta, together with Pony AI and WeRide, is among a rising number of Chinese self-driving technology firms pursuing overseas expansion as Beijing pushes its companies to dominate the sector globally. Thursday’s statement said […]
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China’s Momenta teams up with Grab on autonomous driving in Southeast Asia
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BEIJING, Dec 18 (Reuters) – China’s autonomous driving startup Momenta has entered a strategic partnership with Singapore-based Grab, the companies said on Thursday.
Momenta, together with Pony AI and WeRide, is among a rising number of Chinese self-driving technology firms pursuing overseas expansion as Beijing pushes its companies to dominate the sector globally.
Thursday’s statement said Momenta received an undisclosed amount of strategic investment from Grab.
It follows an announcement earlier this month that Momenta, Mercedes-Benz and UAE taxi firm Lumo had launched a robotaxi service in Abu Dhabi.
Together with Uber, Momenta also in September said it would begin robotaxi testing in Munich, Germany, in 2026.
(Reporting by Beijing newsroom; editing by Barbara Lewis)