Articles Tagged with "Momenta"

Autonomous driving developer Momenta invests in SAIC Motor’s Xiangdao Chuxing
Autonomous driving developer Momenta invests in SAIC Motor’s Xiangdao Chuxing

SAIC Motor’s ride-hailing arm, Xiangdao Chuxing, announced the completion of its Series B financing round, raising over 1 billion yuan ($147.68 million) in total.

Aug. 15 , 2022
BYD, Momenta found intelligent driving joint venture
BYD, Momenta found intelligent driving joint venture

China’s major new energy vehicle maker, BYD, officially announced its newly established joint venture with China’s leading autonomous driving company, Momenta, dedicated to the intelligent driving field.

Dec. 27 , 2021
Momenta lands biggest investment in China’s autonomous driving field, worth over $1 billion
Momenta lands biggest investment in China’s autonomous driving field, worth over $1 billion

China’s autonomous driving startup Momenta has closed its C+ round of financing worth over $500 million, marking the largest financing movement in China’s autonomous driving development history.

Nov. 4 , 2021
Self-driving startup Momenta ready to launch fully automated driving solution in Q3
Self-driving startup Momenta ready to launch fully automated driving solution in Q3

Momenta plans to launch fully automated driving solutions in the third quarter of 2019, Cao Xudong, CEO of the startup announced on March 25 at a conference that celebrated the inauguration of its Suzhou headquarters.

Mar. 26 , 2019
Momenta valuation exceeds $1 billion after completes new round of financing
Momenta valuation exceeds $1 billion after completes new round of financing

China-based autonomous driving startup Momenta claimed on October 17 that it has closed a new-round financing that made the startup valued at more than $1 billion, according to local media.

Oct. 18 , 2018