Momenta’s Autonomous Driving Systems Surpass One Million Units, Partnering with Mercedes-Benz, BMW, Audi and More

From:Internet Info Agency

2026-07-07 18:15:10

Momenta announced that the cumulative production volume of vehicles equipped with its autonomous driving system has surpassed 1 million units. To date, the company has delivered more than 100 mass-produced vehicle models, with over 210 models secured through定点 agreements. Its automotive partners include Mercedes-Benz, BMW, Audi, GAC Toyota, Hongqi, Chery Fulwin, SAIC Volkswagen, Dongfeng Nissan, Hyper (GAC Group), and IM Motors. Momenta is a Chinese autonomous driving technology company offering multi-level autonomous driving solutions and big data services. Its core technologies encompass deep learning-based environmental perception, high-definition mapping, and driving decision-making algorithms. At the end of June 2024, Momenta filed an initial public offering (IPO) application with the Hong Kong Stock Exchange, planning to globally issue 19,938,000 shares—approximately 1,993,800 shares allocated for public subscription in Hong Kong and the remaining approximately 17,944,500 shares offered internationally. The company expects its shares to officially list on the Hong Kong Stock Exchange at 9:00 a.m. on July 8, 2026. Previously, at the Beijing International Automotive Exhibition in April 2024, Momenta revealed that its installed base had grown from nearly 300,000 units to over 800,000 units, with more than 70 delivered models and over 200 secured models at that time. As of June 2024, Momenta has completed seven rounds of financing, raising over USD 1.261 billion (approximately RMB 8.577 billion) according to publicly disclosed figures. Investors include Shunwei Capital, NIO Capital, Tencent, China Merchants Venture Capital, Temasek, SAIC Motor, Mercedes-Benz China, General Motors, and Toyota Motor Corporation.

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