China's Momenta teams up with Grab on autonomous driving in Southeast Asia
BEIJING, Dec 18 (Reuters) - China's autonomous driving startup Momenta has entered a strategic partnership with Singapore-based Grab GRAB.O, the companies said on Thursday.
Momenta, together with Pony AI PONY.O and WeRide WRD.O, is among a rising number of Chinese self-driving technology firms pursuing overseas expansion as Beijing pushes its companies to dominate the sector globally.
Thursday's statement said Momenta received an undisclosed amount of strategic investment from Grab.
It follows an announcement earlier this month that Momenta, Mercedes-Benz MBGn.DE and UAE taxi firm Lumo had launched a robotaxi service in Abu Dhabi.
Together with Uber UBER.N, Momenta also in September said it would begin robotaxi testing in Munich, Germany, in 2026.
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