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Uber and Momenta Announce Strategic Agreement for Robotaxi Deployment

Uber and Momenta Announce Strategic Agreement for Robotaxi Deployment

Business Wire02-05-2025

SAN FRANCISCO & BEIJING--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) and Momenta today announced a strategic agreement to introduce autonomous vehicles to the Uber platform, in international markets outside of the US and China.
First deployment for the partnership will take place in Europe at the beginning of 2026, with onboard safety operators. By combining Uber's ridesharing network with Momenta's autonomous driving technology, the two companies aim to accelerate and deliver safe, scalable, and efficient Robotaxi services.
"Having already established strong partnerships with the most innovative compute platform providers, and globally leading OEMs, expanding our network to Uber as the preeminent mobility platform now completes the key ecosystem needed to scale autonomous driving globally. This cooperation marks an exciting milestone as we bring our Robotaxi technology, efficiently integrated on a mass-production vehicle platform, to new international markets," said Xudong Cao, CEO, Momenta.
'We are incredibly excited to announce this strategic partnership with Momenta. This collaboration brings together Uber's global ridesharing expertise and Momenta's AI-first autonomous driving technology, paving the way for a future where more riders around the world experience the benefits of reliable and affordable autonomous mobility," said Dara Khosrowshahi, CEO, Uber.
About Momenta
Momenta is a leading autonomous driving technology company, dedicated to reshaping the future of mobility by offering solutions to enable multiple levels of driving autonomy. It has pioneered a unique scalable path toward full autonomous driving by combining a data-driven approach with iterating algorithms – referred to as its 'flywheel approach' - as well as a 'two-leg' product strategy focusing on both Mpilot, its mass-production-ready assisted driving solutions, and MSD (Momenta Self-Driving), its driving solution targeting full autonomy. Momenta holds extensive knowledge and experience from not only Robotaxi testing but also operation in multiple cities in China.
About Uber
Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 58 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.

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FinTech Leader Kennel Connection Launches Enhanced Report Cards to Help Pet Care Pros Save Time and Build Trust
FinTech Leader Kennel Connection Launches Enhanced Report Cards to Help Pet Care Pros Save Time and Build Trust

Business Wire

time3 hours ago

  • Business Wire

FinTech Leader Kennel Connection Launches Enhanced Report Cards to Help Pet Care Pros Save Time and Build Trust

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Perma-Pipe International Holdings, Inc.公布2025會計年度第一季財務業績
Perma-Pipe International Holdings, Inc.公布2025會計年度第一季財務業績

Business Wire

time4 hours ago

  • Business Wire

Perma-Pipe International Holdings, Inc.公布2025會計年度第一季財務業績

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Tesla claims rival startup is built on stolen trade secrets
Tesla claims rival startup is built on stolen trade secrets

Yahoo

time5 hours ago

  • Yahoo

Tesla claims rival startup is built on stolen trade secrets

Tesla claims rival startup is built on stolen trade secrets originally appeared on TheStreet. Most people are waiting early for news on Tesla's () planned robotaxi rollout, an event that CEO Elon Musk has been hyping up for months. With the buzz surrounding this well-publicized event, one that could usher in a new era for the automotive transportation industry, it can be easy to overlook Tesla's updates in other areas. But the company recently revealed that it may face a new challenge from a competitor in a different part of the sector. 💵💰💰💵 On Wednesday, June 11, Tesla filed a complaint in a San Francisco Federal Court, accusing a former employee of leaving the company with illegal material that may have been used to launch another company, which several prominent venture capitalists have backed. Now this startup is threatening Tesla's progress in a fast-growing market, and Musk's company is taking legal action in an attempt to avoid loss of market share. Over the past few years, Tesla's Optimus program, its division that focuses on developing humanoid robot technology, has come into focus as Musk has touted its progress. He's discussed a future in which robots outnumber humans and perform many of the tasks typically done by may sound like something out of a work of science fiction, but Tesla's more recent news reads more like something out of a novel by John Grisham or Scott Turow. The company is suing a former employee who left the company and promptly started a competitor, allegedly with stolen trade secrets. Zhongjie 'Jay' Li spent two years at Tesla, serving as a Technical Lead between August 2022 and September 2024. During this time, he 'advanced robotic hand sensors — and was entrusted with some of the most sensitive technical data in the program,' according to the company's attorneys. When he left Tesla, though, Li allegedly walked away with highly classified information that the company believes he used to launch listed as being launched the same month that he departed. The startup's LinkedIn profile states that it creates 'humanoids dexterous enough to thread a needle.' Tesla's complaint lays out his case against Li, stating that 'Within just five months, Proception publicly claimed to have 'successfully built' advanced humanoid robotic hands — hands that bear a striking resemblance to the designs Li worked on at Tesla.' More Tesla News: Tesla rival gets good news as robotaxi launch looms The 'anti-Tesla' gives American buyers more good news Tesla makes a desperate move as it continues to lose customers did not immediately respond to an inquiry from TheStreet regarding the lawsuit, and so far, has not issued a public statement on Tesla's accusations. However, Li has posted to X recently, implying — but not explicitly stating — that he doesn't trust Musk. Musk has staked much of Tesla's growth prospects on its robotaxi launch and its plans to advance into the humanoid robotics market. However, the lawsuit against Li isn't the only potential hurdle for the company to overcome as it rushes to usher in a in June, Tesla lost one of its engineering leaders, as Vice President of Engineering Milan Kovic announced he would step down from his role at Optimus, effective immediately. He said his decision had nothing to do with Musk and purely reflected his own desire to spend more time with family. Even so, Musk's robotaxi ambitions are facing a growing list of challenges at a highly pivotal time. The company's declining sales across the U.S., Europe, and China indicate that it will need to make progress in other areas to remain competitive and keep shares elevated, despite Musk's decision to return to the company. Tesla has teased progress from its robotics division, including sharing a video of a dancing robot. But Proception claims to have overcome one of robotics' biggest challenges, that of creating a hand that can truly match human dexterity. It remains unknown how the lawsuit will progress. But in the short term, Tesla must deal with the fact that a new rival appears to be making progress in an important claims rival startup is built on stolen trade secrets first appeared on TheStreet on Jun 14, 2025 This story was originally reported by TheStreet on Jun 14, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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