Daimler & BMW To Form Large Joint Urban Mobility Company

Daimler AG and the BMW Group are collaborating on a joint urban mobility company and are planning to create solutions for tomorrow’s urban mobility: intelligent, seamlessly connected and available at the tap of a finger.

On-demand, multi-modal transportation will be facilitated by moovel and ReachNow, which already have millions of users accessing taxis, bike rentals, carsharing, and public transport.

Chauffeur Privé, mytaxi, Clever Taxi, and Beat will support ride-hailing, and they already have 15.9 million customers. Car2Go and DriveNow will support carsharing. Together, they have over 4 million customers and 20,000 vehicles in 30 cities around the world.

ChargeNow and Digital Charging Solutions will provide many charging stations with easy access. DCS is a BMW Group subsidiary and the ChargeNow app had access to about 6,300 charging stations in France alone, it was reported in 2018.

ParkNow and Parkmobile Group/Parkmobile LLC will provide parking services. Parkmobile has 27 million customers in North America and Europe.

To put it very simply, the two auto giants are consolidating their existing resources and networks to take advantage of their individual strengths.

The vision is to create a major global player for seamless and intelligent connected mobility services together. Berlin is most probably be the head office for such a company.

The urban mobility market could reach a value of $25 billion by 2024

Reference- Cleantechnica, Financial Analyst