BMW and Daimler are planning the next steps for their joint mobility company, following approval by the responsible competition authorities.

The joint venture will focus on urban mobility, providing a seamlessly connected and sustainable ecosystem that combines CarSharing, Ride-Hailing, Parking, Charging and Multimodality, from a single source.

The new venture will give BMW and Daimler scale, enabling them to take on the likes of Uber and Lyft. It will include the merger of BMW’s DriveNow, which recently expanded in London, and Daimler’s car2go.

The idea is to create the most comprehensive mobility solution in the connected world.

The new mobility company will present its next steps in the first quarter of 2019.

Read more about the joint venture in our interview with BMW's Tony Douglas.

The equally-owned joint venture will comprise the following activities and services:

  • Multimodal and on-demand mobility with Moovel and ReachNow
  • CarSharing with Car2Go and DriveNow
  • Ride-Hailing with mytaxi, Chauffeur Privé, Clever Taxi and Beat
  • Parking with ParkNow and Parkmobile Group/Parkmobile LLC
  • Charging with ChargeNow and Digital Charging Solutions