Skip to main content

BMW and Daimler to cooperate on advancing mobility offerings

BMW and Daimler are investing €1 billion to cooperate on developing their mobility offerings in car-sharing, ride-hailing, parking, charging and multimodal transport. Harald Krüger, chairman of BMW, says: “These five services will merge ever more closely to form a single mobility service portfolio with an all-electric, self-driving fleet of vehicles that charge and park autonomously and interconnect with the other modes of transport.” The partnership will combine existing services to form five joint vent
February 28, 2019 Read time: 2 mins

1731 BMW and 2069 Daimler are investing €1 billion to cooperate on developing their mobility offerings in car-sharing, ride-hailing, parking, charging and multimodal transport.

Harald Krüger, chairman of BMW, says: “These five services will merge ever more closely to form a single mobility service portfolio with an all-electric, self-driving fleet of vehicles that charge and park autonomously and interconnect with the other modes of transport.”

The partnership will combine existing services to form five joint ventures:

•    Reach Now, a multimodal app which allows users to book and pay for public transport and car-sharing, ride-hailing and bike rentals. Daniela Gerd tom Markotten will manage it as chief executive officer, with Johannes Prantl as chief financial officer

•    Charge Now, an electric vehicle charging service by BMW subsidiary Digital Charging Solutions, which allows drivers to view charging stations on the BMW I Remote app. New stations are added to the app, the BMW Navigation System and website as soon as they are available.

•    Park Now, a digital parking service which enables drivers to reserve parking slots and manage parking times as well as make cashless payments of parking fees.

•    Free Now offers a range of mobility services including taxis, private hire chauffeurs with rental vehicles and electric scooters. It is headed by Marc Berg as CEO, with Sebastian Hofelich as chief finance officer (CFO).

•    Share Now, a free-floating car-sharing service in which drivers can rent and pay for vehicles via a smartphone. Olivier Reppert has been appointed CEO of Share Now, with Stefan Glebke as CFO.

BMW says these services are now available for cities and municipalities seeking to make their traffic more efficient and sustainable.

For more information on companies in this article

Related Content

  • P3s offer new options for public transit agencies
    March 28, 2018
    David Crawford welcomes new US guidance on public-private partnerships in the public transit sector. Public-private partnerships (P3s) are becoming increasingly favoured as a means of cost-effectively delivering much-needed public transit projects across the US. Previously, researched examples have tended to be on the large-scale while information on the potential for smaller, more localised schemes has been comparatively sparse. In a bid to fill that gap, the ‘Public Transportation Guidebook for Small
  • Shaking up the taxi market with smarter ride requests
    February 24, 2016
    Timothy Compston looks at the rise of Uber and ride request mobile apps. There is little doubt that the advent of Uber has come as major shock to established taxi operators and has caused regulators, cities and DOTs to rethink current regulations so they can keep pace with the changing dynamics of the marketplace.
  • Siemens supports Rome EV-sharing 
    April 19, 2021
    Siemens Smart Infrastructure providing start-up electric vehicle firm On with charge stations
  • Huawei gets on board with Moovit app
    October 19, 2020
    Chinese telecoms giant’s AppGallery has 465 million monthly users, company says