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Momenta introduced its mass production autonomous driving model

Momenta introduced its mass production autonomous driving model

Momenta CEO Cao Xudong speaks at the Global Smart Vehicle Summit organized by the China EV100 think tank on September 29, 2024. (Photo provided to chinadaily.com.cn)

Chinese autonomous driving company Momenta unveiled its first mass-produced smart driving model at the Global Smart Vehicle Summit in Hefei, Anhui province, on Sunday.

The big model integrates perception and planning into a deep learning framework, providing an end-to-end solution to tackle long-term challenges.

CEO Cao Xudong said it can handle complex scenarios such as navigating difficult road conditions.

He cited a personal experience he had while testing the model and said that he encountered people burning paper money on the way from Shanghai to Hefei; This was a typical long queue scenario during the Qingming Festival.

However, the vehicle successfully survived this situation. “I was excited and tested it five times in a row and our car did it.”

He emphasized the role of data in advancing autonomous driving. “Data-driven solutions are the key to solving millions of these long-term problems. Our model achieves a 99 percent automation rate, significantly reducing the need for human intervention,” he said.

Momenta’s model, which has already been mass-produced and delivered to leading car manufacturers, is designed to handle a variety of challenging driving situations, significantly reducing the driver’s workload while increasing traffic safety.

Cao said Momenta is collaborating with automotive manufacturers and suppliers to accelerate the widespread adoption of autonomous driving technology.

“We aim to overcome Moore’s Law for autonomous driving and deliver exceptional products,” he said.

The popularity of advanced smart driving functions is gaining momentum.

Cao estimates that 70 percent to 80 percent of new vehicles will feature high-end smart driving within five years, thanks to progress in relevant software and a sharp decline in hardware cost.