Mexican Media Brands
BMW Inks Deal with California Ride-Sharing Firm
BMW AG’s iVentures venture capital arm is investing an unspecified amount in California-based startup Scoop Technologies Inc., which markets a namesake carpooling app.
Share
BMW AG’s iVentures venture capital arm is investing an unspecified amount in California-based startup Scoop Technologies Inc., which markets a namesake carpooling app.
Designed to help co-workers and neighbors coordinate and share rides, Scoop matches commuters and manages scheduling, routing and payment details. The service, which currently is offered only in the San Francisco Bay area, also has partnerships with Cisco and other companies to coordinate employee carpooling. A “ride-home” guarantee reimburses users for transportation costs if they are left stranded.
BMW also has made several other recent investments in new-mobility companies. It now has partnerships with Moovit, RideCell, Summon, Zendrive and Zirx.
RELATED CONTENT
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
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
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
