Mercedes reportedly using Momenta software to spur China comeback
The Straits Times|December 03, 2024
Mercedes-Benz is betting on China's Momenta to help it win back market share in the world's biggest auto market, with plans for fresh investment and at least four future models to use the autonomous driving startup's software, three sources with knowledge of the matter said.

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.

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FLERE HISTORIER FRA THE STRAITS TIMESSe alt
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The Straits Times

Taylor Swift's Eras Tour concludes with record $2.78 billion in ticket sales

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2 mins  |
December 11, 2024
2025 Golden Globes: Emilia Perez and The Brutalist Lead Film Nominations
The Straits Times

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2 mins  |
December 11, 2024
Miho Nakayama's death an accident
The Straits Times

Miho Nakayama's death an accident

The death of Japanese singer-actress Miho Nakayama (right) has been ruled as an accident.

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1 min  |
December 11, 2024
All-time-high numbers for 35th edition
The Straits Times

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2 mins  |
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Spy dramas like Black Doves and The Agency get personal
The Straits Times

Spy dramas like Black Doves and The Agency get personal

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4 mins  |
December 11, 2024
Pharrell Williams tells his life story with Lego
The Straits Times

Pharrell Williams tells his life story with Lego

Animated comedy Piece By Piece recreates key moments in American Grammy winner's journey to become a successful musician

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3 mins  |
December 11, 2024
The Straits Times

Books, lost or imaginary, come to life at Grolier Club

NEW YORK - At Grolier Club on the Upper East Side is an object never before displayed in public - an edition of one of American author Ernest Hemingway's first novels, which was stolen when his first wife left a bag unattended on a train in 1922.

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3 mins  |
December 11, 2024
Working Out for Better Sleep
The Straits Times

Working Out for Better Sleep

Exercising too intensely can backfire, making it harder to drift off or stay asleep

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4 mins  |
December 11, 2024
Why is this song stuck in my head?
The Straits Times

Why is this song stuck in my head?

Psychologists say certain songs are more likely than others to keep playing in your brain

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3 mins  |
December 11, 2024
Murky caregiving obligations of older unmarried couples in the US
The Straits Times

Murky caregiving obligations of older unmarried couples in the US

Such partnerships among elderly Americans continue to climb, and many are unlikely to have advance care planning

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4 mins  |
December 11, 2024