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German car giants unite mobility platforms

BMW Group and Daimler AG invest more than €1 billion in joint mobility services provider

01 March 2019
BMW’s Harald Krueger and Daimler’s Dieter Zetsche
BMW’s Harald Krueger and Daimler’s Dieter Zetsche

 

The BMW Group and Daimler AG are pooling their mobility services to create a new global player providing sustainable urban mobility for customers. The two car companies are investing more than €1 billion (£850m) to develop and intermesh their offerings for car-sharing, ride-hailing, parking, charging and multimodal transport.

The partnership will see the creation of five joint ventures:

•    PARK NOW for parking •    CHARGE NOW for...

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