BMW and Daimler are to invest almost £1bn ($1.2bn) in global mobility solutions in a move that will combine BMW’s Drive Now and Daimler’s Car2Go mobility projects. While they will remain rivals in car manufacturing, they said they'd be stronger together when it came to developing future mobility services. The two companies have been working on the same technology for some time, but their partnership is set to expand into areas such as autonomous driving technology, self-parking, ride-sharing services and vehicle diagnostics. Now, ParkNow and ChargeNow services, the FreeNow ride-hailing project and the trip planner ReachNow.
BMW and Daimler are to invest almost £1bn ($1.2bn) in global mobility solutions in a move that will combine BMW’s Drive Now and Daimler’s Car2Go mobility projects. While they will remain rivals in car manufacturing, they said they'd be stronger together when it came to developing future mobility services. The joint venture will include the Share Now, ParkNow and ChargeNow services, the FreeNow ride-hailing project and the trip planner ReachNow.