Mercedes, GIC to Back Autonomous Driving Firm Momenta’s IPO

The Momenta.ai booth at the IAA Mobility 2025 expo in Munich, Germany, on Monday, Sept. 8, 2025. The Munich car show is taking place as trade tensions linger with Beijing following the European Union’s decision last year to impose tariffs on EVs imported from China. Photographer: Krisztian Bocsi/Bloomberg