Photo: General Motors / Courtesy
General Motors accelerates its step towards autonomy with an investment of $ 300 million in Momenta, an emerging company developing autonomous driving technology . The main intention of the manufacturer is to prepare for the future of mobility starting with the Asian market, one of the largest that also serves as headquarters for Momenta. With this initiative, General Motors also aims to be at the forefront of the transformation of the industry, a transformation that not only seeks new forms of energy to replace the use of fossil fuels, but also to achieve complete autonomy, a characteristic that has been developed until now. at very low levels in some manufacturers.
With respect to is the new investment, Julian Blissett, Executive Vice President of General Motors and President of GM China, said : “Customers in China are embracing electrification and advanced autonomous driving technology faster than in anywhere else in the world, and the agreement between GM and Momenta will accelerate our implementation of next-generation solutions tailored for our consumers in China. ”
In addition to this alliance, the company is making another important investment : $ 35 billion in electric vehicles, also favoring research and development of Ultium battery cells in the United States , his country of origin, which in the last two years has been growing rapidly around this type of technology. This mega investment, according to General Motors, started in 2020 and will continue until 2025.
“Momenta is committed to developing innovative artificial intelligence solutions to go beyond today’s frontier of possibilities and significantly improve personal mobility experiences. Together with GM, we will jointly invest in autonomous vehicle technologies to improve driving safety, convenience and efficiency, ” said Xudong Cao, CEO of Momenta .
Despite having been affected by the shortage of chips and other problems derived from the COVID pandemic – 19 , General Motors has been at the forefront of several very ambitious projects in recent years, beyond its new relationship with Momenta, including the development of a rover lunar Hand in hand with Lockheed Martin, an aerospace and global security company that is accompanying it in the construction of this vehicle that will be used to explore the lunar surface in NASA’s next Artemis mission.
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