The plans, which have not been previously reported, will make autonomous driving developer Momenta the first Chinese supplier picked by Mercedes to be a primary provider of a key technology and selling point for its products, as intense competition and technological innovation in China force Western automakers to rethink their supply chain strategies.
The German premium automaker has had an investment in Momenta since 2017, but the two companies have yet to publicly announce jointly developed products.
In the years since, the Chinese firm has emerged as one of China's leading suppliers of advanced driver-assisted system (ADAS) features similar to Tesla's full self-driving that can navigate urban traffic with human drivers' supervision.
Denne historien er fra December 03, 2024-utgaven av The Straits Times.
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Denne historien er fra December 03, 2024-utgaven av The Straits Times.
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Iran Speeding up enrichment Of uranium to near weapons grade
MANAMA/VIENNA - Iran is \"dramatically\" accelerating its enrichment of uranium to up to 60 percent purity, close to the roughly 90 percent level that is weapons grade, UN nuclear watchdog chief Rafael Grossi told Reuters on Dec 6.
Romania's scrapping of election over interference could inspire rest of EU
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TikTok's American future hangs by a thread after court upholds ban
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Kelantan devastated by floods as Malaysia prepares for 'second wave'
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