RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): A year after its launch on 2 February 2017, the Free2Move app today boasts 600,000 users worldwide and over 30 key partners. The app allows users to identify a range of nearby mobility services, helping them find a shared car, scooter or bike. After comparing features, price and… Continue reading Groupe PSA: 600,000 Free2Movers Within a Year of Launch!
Tag: M and A
China’s Geely takes 3pc stake in Daimler with an eye on electric car venture with Mercedes parent
Chinese carmaker Zhejiang Geely Holding Group has reportedly spent US$3 billion for a stake of just under 3 per cent in German carmaker Daimler as it aims to become a global player. The shares, which were bought on the secondary market according to Reuters, provides further evidence that Geely, controlled by billionaire Li Shufu, is… Continue reading China’s Geely takes 3pc stake in Daimler with an eye on electric car venture with Mercedes parent
Kia, Repsol Launch WiBLE Carsharing Service in Madrid
WiBLE will launch in Madrid in late 2018. Photo via Ángela Ojeda Heyper/Flickr Kia Motors Iberia and Repsol announced their partnership to launch a new carsharing service called WiBLE (Widely Accessible, very accessible). WiBLE will launch in Madrid, due to the Spanish capital’s geography and demographics which lend well to a carsharing market. Details about the operation of the service are… Continue reading Kia, Repsol Launch WiBLE Carsharing Service in Madrid
Vrtucar to Acquire Community CarShare
Photo courtesy of Vrtucar Community CarShare is planning to dissolve due to financial issues, according to an article by The Record. The article reported that Community CarShare’s total liabilities were nearly $796,500 and total assets were just under $227,000 as of April 2017. The nonprofit carsharing cooperative received a letter of intent from Vrtucar, an… Continue reading Vrtucar to Acquire Community CarShare
Dara Khosrowshahi on the Power of Shared Mobility
Dara Khosrowshahi on the Power of Shared Mobility Uber’s CEO says moving past private car ownership will benefit the economy and the environment ‘The goal of reducing private car ownership is one we share with cities across the globe,’ says Uber CEO Dara Khosrowshahi. PHOTO: STIAN RASMUSSEN By Dara Khosrowshahi, Chief Executive Officer For the first… Continue reading Dara Khosrowshahi on the Power of Shared Mobility
Getting behind the MaaS Movement
Getting behind the MaaS Movement By Marius Macku, Senior Associate, Public Policy & Government Relations, EU Getting around town should be seamless. It’s one of the reasons why Uber was founded in the first place, so that you could push a button and get a ride from A to B. Over time we realised that this… Continue reading Getting behind the MaaS Movement
Earnings Safeguards for Rideshare Drivers
Earnings Safeguards for Rideshare Drivers by Curtis Scott, Head of Insurance Demand for independent work is on the rise. According to the McKinsey Global Institute, roughly one in six people would prefer independent flexible work over a traditional nine-to-five job. Moreover, with around 15 million people in the US experiencing unemployment or underemployment, on-demand work… Continue reading Earnings Safeguards for Rideshare Drivers
Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects
With the launch of its excellent DB11, Aston Martin sales spiked 56 percent in 2017, with more than 5,100 cars sold, the most the company has shifted since 2008. Aston’s leader from 2014, Englishman Andy Palmer, is strongly optimistic about the prospects for the company, founded in 1913, over its next century, as the onetime… Continue reading Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects
Bikes, flying taxis, ride-sharing & more
Bikes, flying taxis, ride-sharing & more Welcome to our weekly news highlights, the place where you‘ll find the most important information in the urban mobility space. Follow us to keep updated, we post every Tuesday! Here is what happened last week: Uber to launch dockless bike-sharing in SF Uber and Jump have made a partnership that will… Continue reading Bikes, flying taxis, ride-sharing & more
Byton & Aurora
With Byton Aurora has a new cooperation partner in the development of autonomous driving. Aurora had one recently partnership agreement With VW and Hyundai closed and now comes the Chinese startup Byton. The startup has at CES with his prototypes advertised, which is electrically powered. This sensation has probably attracted more partners. Aurora and Byton… Continue reading Byton & Aurora