On July 8, Momenta, a globally leading physical AI company, was officially listed on the Main Board of The Stock Exchange of Hong Kong (stock code: 06880.HK), becoming the first “Physical AI" stock in Hong Kong. As the industry’s only founding lighthouse partner with a “two‑way equity‑holding, strategic symbiosis" model, Momenta’s 1,000,000th production vehicle equipped with its intelligent driving solution rolled off the line—and it was an IM Motors model. This marks a milestone at which China’s intelligent driving capabilities have reached a level comparable to the world’s best.
Breaking the former dominance of overseas technologies, Momenta’s successful listing represents a watershed moment for China’s autonomous driving industry. Leveraging massive data from China’s complex road conditions and the rapid accumulation of AI technologies, Chinese intelligent driving forces, led by Momenta, have achieved a generational leap and now possess the hardcore capability to compete head‑to‑head with Tesla FSD. According to statistics, Momenta has already partnered with nine of the world’s top ten automakers, and its third‑party urban NOA solution commands a 65% market share, ranking first in the industry. Its technology has been mass‑produced and deployed in more than ten countries and regions across Asia, Europe, and Oceania, with its maturity and scalability widely validated in global markets. Industry observers generally agree that the global autonomous driving landscape now features a three‑way race among FSD, Momenta, and Huawei. Working in tandem with IM Motors, Momenta—by combining its proprietary core algorithms with deep adaptation to Chinese road conditions—has emerged as one of only two Chinese intelligent driving forces with true global competitiveness.
Unlike the common procurement‑based supplier relationship in the industry, IM Motors and Momenta have established a rare “two‑way equity‑holding, strategic symbiosis" capital alliance: SAIC Group is Momenta’s largest institutional shareholder, while Momenta holds a reciprocal stake in IM Motors, forming a community of shared risks and rewards. On the technology front, leveraging IM Motors’ deep understanding of Chinese driving scenarios and its expertise in chassis and vehicle dynamics, the two parties have adopted a full‑stack co‑creation R&D model since the brand’s inception. This enables deep, three‑dimensional tuning of chassis, algorithms, and computing power, culminating in the IM AD advanced intelligent driving system. This co‑creation approach, rooted in the underlying architecture, builds a unique experiential moat that is hard to replicate, ensuring IM Motors users always enjoy priority access to Momenta’s latest technological advancements, with intelligent driving experience consistently ranking among the industry’s top tier.
Notably, the 1,000,000th vehicle equipped with Momenta’s intelligent driving solution is an IM Motors model. Furthermore, Momenta’s founder and CEO, Xu Dong Cao, is also the 100‑millionth customer of SAIC Group and the owner of IM LS9 Hyper 001—adding another layer of synergy to this partnership. IM Motors and Momenta will continue to deepen their full‑chain symbiotic collaboration, jointly advancing technology to embrace the future of physical AI and deliver ever‑upgrading premium intelligent mobility experiences to users.
To celebrate this milestone for China’s intelligent driving industry, IM Motors has launched a special “IM AD Limited‑Time Exclusive Offer" for customers nationwide. Orders placed before July 31 will enjoy multiple benefits, including a lifetime license for the full IM AD advanced driver‑assistance function package and a dedicated purchase voucher worth RMB 5,000. Welcome to visit IM Motors stores nationwide and experience the IM AD advanced intelligent driving system—designed to better understand Chinese roads—firsthand!
