BMW, Daimler to invest 1 bn euros in joint carsharing scheme

phys.org | 2/22/2019 | Staff
my_new_puppy (Posted by) Level 3
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German auto giants BMW and Daimler said Friday they would invest one billion euros ($1.1 billion) in combining and extending their carsharing schemes DriveNow and Car2Go, in future offering a slew of "mobility services", including for electric cars.

"We are pooling the strength and expertise of 14 successful brands and investing more than one billion euros to establish a new player in the fast-growing market for urban mobility," Dieter Zetsche, chief executive of Mercedes-Benz maker Daimler said in a statement.

Manufacturers - Mobility - Businesses - Ventures

The two high-end manufacturers will organise their "mobility" businesses around five joint ventures.

Customers will be able to book shared cars, hail rides from taxis and chauffeur services, find and pay for parking spots and electric car charging points and plan...
(Excerpt) Read more at: phys.org
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