BMW and Daimler have joined forces to create a multimodal travel company mega-group. The new venture will invest a combined 1 billon GBP to create electric charging stations, ride hailing, ticket free parking and car sharing. The new mega-group will take the lead overtop of BMW’s short-term rental services Car2Go and DriveNow.
ChargeNow will become the biggest world-wide provider of electric charging stations with 100K access points in twenty-five countries. ParkNow includes a 30 million driver costumer base in eleven hundred cities on two continents. FreeNow has a fleet of a quarter million drivers and twenty-one million customers in Europe and South America.
The mega-group of five companies claims a massive total 60 million customers. The “Now” mega-group will stack its headquarters in Berlin among other German tech start-ups and will create, worldwide, another 1,000 jobs.