Momenta's Hong Kong IPO Secures Backing from 14 Cornerstone Investors, Including Mercedes-Benz and BYD

From：Internet Info Agency 2026-06-29 11:13:14

On June 29, autonomous driving technology company Momenta officially launched its Hong Kong IPO and announced a list of 14 cornerstone investors. Among them, Mercedes-Benz and BYD, two leading global automakers, participated in the investment, committing a combined $40 million.

Editor：NewsAssistant

Most Viewed in 24 Hours

: Volkswagen's China NEV Deliveries Exceed 28,000 Units in October 2026; Li Auto Releases OTA 8.7.0 and Begins Rollout; Dongfeng Nissan NV200 PHEV to Debut on November 13, NX7 Pre-sales to Begin Simultaneously; Mercedes-Benz Launches "100% in China, for China" Strategy; All-Electric E-Class Planned for Domestic Production in Second Half of 2027; Japanese Teardown Team Completes Full Disassembly of Leapmotor Lafa5; Gotion High-Tech Discloses All-Solid-State Battery and LMFP Technology Progress at 17th International Advanced EV Lithium Battery Conference; New Porsche Panamera Expected in 2027, to Launch as 2028 Model; Jaguar Land Rover Confirms Range Rover Velar and Evoque to End Production in Mid-2027; NIO's Smart Factory Featured on CCTV Twice in Two Weeks; Baidu Announces Apollo Go and CAR Inc. Launch Driverless Car Rental Service in Hainan, Operating for Over a Year