BMW, Daimler Ready to Launch Joint Mobility Company
BMW AG and Daimler AG have received regulatory approvals to combine their ride-sharing, car-sharing, parking and electric charging services under one smartphone app.
#regulations
BMW AG and Daimler AG have received regulatory approvals to combine their ride-sharing, car-sharing, parking and electric charging services under one smartphone app.
The companies expect to complete the merger of those services by the end of January. The resulting 50:50 joint venture, whose name has not yet been announced, plans to announce detail about its strategy during the first quarter of 2019.
The partners say the new company will combine their existing mobility businesses under five service areas:
- Car Sharing will merge Daimler’s Car2Go and BMW’s DriveNow services, which operate 20,000 vehicles in 30 cities worldwide.
- Ride-Hailing via four services already offered by the partners. They are mytaxi Chauffeur Privé and Clever Taxi (in Europe), and Beat (in South America).
- On-Demand Mobility will combine Daimler moovel and BMW ReachNow, which help 6 million users seamlessly connect with and pay for bike rental, taxi, carshare and public transport options through a single platform.
- Parking search assistance through BMW;s ParkNow and Parkmobile services, which offer cashless on-street parking and off-street parking spot reservations
- EV Charging, which will combine BMW’s ChargeNow service and Digital Charging Solutions subsidiary that enable electric-car operators to find charging stations and pay for their use.
RELATED CONTENT
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
Global Supply of Automotive Fasteners from a Single Source
PennEngineering offers a global supply for a wide range of fasteners for the automotive industry, including China-based facilities that manufacture standard and custom products to world-class standards of quality at lower cost.