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.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Billionaire bros pack Trump's team
When Donald Trump becomes president on Jan 20, at 78 years and seven months, not only will he be the oldest American to take the oath of office, but he will also be the richest.
New Punggol Coast MRT station opens, cutting travel time to city
It will also allow trains on the NEL to run at higher frequency during peak hours
K-pop light sticks find new life in Seoul rallies
SEOUL - The cityscape of South Korean capital city Seoul has transformed into a glittering colour display marrying K-pop and politics, with scores of music fans singing in the streets and waving glow sticks in protest against President Yoon Suk Yeol.
President Yoon's arrest possible in theory, but many obstacles in the way
The idea of a sitting president being arrested, once deemed unthinkable, now looms as a real possibility in South Korea.
South Korea prosecutors seek arrest warrant for ex-minister
The move comes amid fears a key suspect in the failed martial law declaration could flee
Man arrested over fatal knife attack at Hougang hardware store
A knife attack in Hougang in the late morning on Dec 10 left one woman dead and two others, including the suspected assailant, injured.
SkillsFuture helps older workers close skills gaps, says Chan Chun Sing
Continued learning to hone skills will enable them to stay competitive, says minister
Iata: Number of air travellers to cross 5 billion for first time; average fares to drop
GENEVA - The number of air travellers around the world is expected to surpass five billion for the first time in 2025 as travel becomes increasingly affordable, said the International Air Transport Association (Iata).
S'pore improves in test of adult skills, but decline among older workers flagged
OECD study finds sizeable gap remains between young adults and older workers
'LAST-CHANCE TOURISM' AT A COST
A frozen landscape with breathtaking views, Greenland wants to attract more tourists, but its remote location and fragile environment - which make it a unique destination - also pose challenges.