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US regulators approve BMW-Daimler services merger
BMW and Daimler's plan to combine their transportation services, including car sharing, ride hailing and electric vehicle charging, is a step closer to reality after US antitrust officials approved the partnership. The companies hope to close the deal by January 31st, and plan to reveal more details of their joint venture by the end of March.
BMW and Daimler will combine their transportation services
If it seems ridiculous that virtually every major car manufacturer has its own suite of transportation services, you're not alone. BMW and Daimler have announced a plan to combine their mobility services in a 50/50 joint venture. Car2Go and DriveNow/ReachNow will unite their car sharing efforts, for example, while ChargeNow and Digital Charging Solutions would team up on EV power. Ride hailing, parking are also part of the proposed union.