BMW Group and Daimler Mobility AG pave a approach for essential expansion during mobility corner ventures

Munich/Stuttgart – Following a successful launch of
a YOUR NOW corner ventures in Feb 2019, a companies are
progressing their energetic enlargement course: Almost 90 million people
now use a corner ventures’ mobility services for car-sharing,
ride-hailing, parking, charging and multimodal platforms, that are
charity in over 1,300 cities worldwide.


The shareholders are now sourroundings march for a corner ventures’ next
proviso of expansion, that will be focused on essential growth. The
services charity by a corner ventures will continue to be tailored to
patron needs and clustered into 3 pillars: 1. FREE NOW. 2. SHARE
NOW. 3. PARK NOW CHARGE NOW. The introduction of a new umbrella
organization, effective 1 Jan 2020, will support efficient
supervision of these 3 pillars.


Rainer Feurer, Senior Vice President Investment of BMW Group: “As a
shareholder, we resolutely trust that mixing a services into three
pillars will strengthen a corner ventures’ impact and concentration in a
rarely competitive, fast-growing environment. Both shareholders are
subsidy a YOUR NOW business indication and are dynamic to rise the
corner ventures into a streamer actor in a mobility market.” Franz
Reiner, CEO of Daimler Mobility AG: “We are sourroundings a march for the
YOUR NOW corner ventures to grasp tolerable profitability. At the
same time, partnerships are increasingly critical to success in the
marketplace and, in this respect, we are open to serve stepping adult growth.”


FREE NOW achieves height revenues of some-more than dual billion
euros and reaches roughly 300 million trips


FREE NOW (formerly mytaxi), one of Europe’s streamer mobility
providers, that includes a cab and ride-hailing services FREE NOW,
Beat, Kapten and electric scooter use Hive, is streamer for record
gain for 2019: The annual GMV run rate (gross sell volume;
height revenues) will strech some-more than dual billion euros – increasing
a prior year’s figure significantly. In 2019, a volume of tours
(i.e. series of trips) was adult 120 percent from 2018: FREE NOW will
have finished roughly 300 million trips in 18 European and Latin
American countries by a finish of this year. More than 39 million
passengers took advantage of a services supposing by some-more than
800,000 dependent drivers. Growth was also driven in partial by the
rarely successful launch of Beat in Mexico City and Kapten in London,
as good as enlargement of a FREE NOW vehicle let use “Ride” in
Germany, that allows business to book a let vehicle with a licensed
motorist during a bound rate.


FREE NOW is also resolutely on lane for enlargement in 2020: Additional
mobility services, such as e-scooters, electric bikes, car-sharing and
open ride will also be integrated into a app, alongside its
core ride-hailing business. This formation of multimodal mobility
offerings builds on REACH NOW’s imagination in pooling several mobility
services, with engagement options, on a singular platform
(“Mobility-as-a-Service“ or MaaS). REACH NOW services are currently
used by some-more than 7 million people in 20 cities worldwide. In the
south of Germany, on-demand ride-sharing options have been stretched in
and with a Karlsruhe Transport Authority (KVV) in Ettlingen
and a open ride association Stuttgarter Straßenbahnen AG (SSB) in
Stuttgart. REACH NOW will increasingly concentration on a expansion of
several mobility solutions, such as Mobility-as-a-Service platforms
and on-demand solutions for and with cities and open ride companies.


SHARE NOW will be evenly serve developed, as
formation of car2go and DriveNow continues


The free-floating car-sharing provider SHARE NOW, that has emerged
from a dual services car2go and DriveNow, has purebred about one
million new business given a start of a year. With a addition
of Paris in Jan and Budapest in April, SHARE NOW stretched its
European footprint in 2019 to embody dual vital capitals. In the
future, a concentration will be on cities that guarantee long-term profitable
growth. A examination is now underway to establish where
reorder might be needed.


At a same time, a car-sharing business is being systematically
serve grown and a successful formation of a dual services
continues: The SHARE NOW app has been accessible given Nov 2019.
In Vienna, a new SHARE NOW app enables car2go and DriveNow vehicles
to be indifferent and rented directly for a initial time, with more
cities to follow. The charity will be expanded, following a
successful commander proviso that tested long-term car-sharing in Milan and
Hamburg. Long-term vehicle pity offers a choice of renting SHARE NOW
vehicles for adult to 14 days.


CHARGE NOW is Europe’s fastest-growing charging network


CHARGE NOW is Europe’s streamer aggregator of charging infrastructure
and therefore a pivotal motorist for aloft marketplace invasion of electric
mobility. CHARGE NOW’s charging services already yield entrance to 85
percent of a European charging network in 30 European markets. It
comprises some-more than 130,000 assign points and contracts with around
400 assign indicate operators. In Germany alone, CHARGE NOW achieves 98%
marketplace coverage. CHARGE NOW is supposing by Digital Charging Solutions
GmbH, that also develops individual, tailor-made charging solutions
for other automotive manufacturers and swift operators.


PARK NOW significantly expanding a streamer position in
digital parking solutions


PARK NOW lets business use an app to hunt and compensate for on- and
off-road parking spaces. In 2019, PARK NOW serve stretched its
care in digital parking solutions: 36 million business in ten
EU countries and a US use a services of a PARK NOW Group. PARK
NOW reached 230 million sell with a core brand, plus
Parkmobile, RingGo and Parkline, in 2019. PARK NOW is proof itself
as a partner for complicated municipalities and has been famous with
a European Parking Award for emission-based parking solutions in a UK.



Daimler Mobility AG:

Michael Kuhn, +49 160 861 4768,
[email protected]


BMW Group:

Almut Stollberg, +49 151 601 965 43,
[email protected]


Further information from Daimler is accessible at:


This request contains forward-looking statements that simulate our
stream views about destiny events. The difference “anticipate,” “assume,”
“believe,” “estimate,” “expect,” “intend,” “may,” ”can,” “could,”
“plan,” “project,” “should” and identical expressions are used to
code forward-looking statements. These statements are theme to
many risks and uncertainties, including an inauspicious expansion of
tellurian mercantile conditions, in sole a decrease of direct in our
many critical markets; a decrease of a refinancing
possibilities on a credit and financial markets; events of force
majeure including healthy disasters, acts of terrorism, political
unrest, armed conflicts, industrial accidents and their effects on our
sales, purchasing, prolongation or financial services activities;
changes in banking sell rates and tariff regulations; a change in
consumer preferences towards smaller, lower-margin vehicles; a
probable miss of acceptance of a products or services that limits
a ability to grasp prices and sufficient implement a production
capacities; cost increases for fuel or tender materials; intrusion of
prolongation due to shortages of materials, labor strikes or supplier
insolvencies;  a decrease in resale prices of used vehicles; the
effective doing of cost-reduction and efficiency-optimization
measures; a business opinion for companies in that we reason a
poignant equity interest; a successful doing of
vital cooperations and corner ventures; changes in laws,
regulations and supervision policies, quite those relating to
car emissions, fuel economy and safety; a fortitude of pending
supervision investigations or of investigations requested by
governments and a end of tentative or threatened destiny legal
proceedings; and other risks and uncertainties, some of that we
report underneath a streamer “Risk and Opportunity Report” in the
stream Annual Report. If any of these risks and uncertainties
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might be materially opposite from those we demonstrate or indicate by such
statements. We do not intend or assume any requirement to refurbish these
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Daimler during a glance
Daimler AG is one of a world’s most
successful automotive companies. With a Mercedes-Benz Cars
Vans, Daimler Trucks Buses and Daimler Mobility divisions, the
Group is one of a streamer tellurian suppliers of reward cars and one
of a world’s largest manufacturer of blurb vehicles. Daimler
Mobility offers financing, leasing, swift management, investments,
credit label and word brokerage as good as innovative mobility
services. The association founders, Gottlieb Daimler and Carl Benz, made
story by inventing a vehicle in 1886. As a colonize of
automotive engineering, Daimler sees moulding a destiny of mobility in
a protected and tolerable approach as both a proclivity and obligation.The
company’s concentration therefore stays on innovative and immature technologies
as good as on protected and higher vehicles that both captivate and
inspire. Daimler continues to deposit evenly in a development
of fit powertrains – from high-tech explosion engines and
hybrid vehicles to all-electric powertrains with battery or fuel cell
– with a idea of creation locally emission-free pushing probable in
a prolonged term. The company’s efforts are also focused on the
intelligent connectivity of a vehicles, unconstrained pushing and new
mobility concepts. Daimler regards it as a end and obligation
to live adult to a shortcoming to multitude and a environment.
Daimler sells a vehicles and services in scarcely each nation of the
universe and has prolongation comforts in Europe, North and South
America, Asia and Africa. In further to Mercedes-Benz, a world’s
many profitable reward automotive code (source: Interbrand study, 17
Oct. 2019), and Mercedes-AMG, Mercedes-Maybach and Mercedes me, its
code portfolio includes smart, EQ, Freightliner, Western Star,
BharatBenz, FUSO, Setra and Thomas Built Buses as good as a brands
of Daimler Mobility: Mercedes-Benz Bank, Mercedes-Benz Financial
Services and
Daimler Truck Financial. The association is listed on
a Frankfurt and Stuttgart batch exchanges (ticker pitch DAI). In
2018, a Group had a workforce of around 298,700 and sole 3.4 million
vehicles. Group revenues amounted to €167.4 billion and Group EBIT to
€11.1 billion.

The BMW Group
With a 4 brands BMW, MINI, Rolls-Royce
and BMW Motorrad, a BMW Group is a world’s streamer premium
manufacturer of automobiles and motorcycles and also provides premium
financial and mobility services. The BMW Group prolongation network
comprises 31 prolongation and public comforts in 15 countries; the
association has a tellurian sales network in some-more than 140 countries. In
2018, a BMW Group sole over 2,490,000 newcomer vehicles and more
than 165,000 motorcycles worldwide. The distinction before taxation in the
financial year 2018 was € 9.815 billion on revenues amounting to
€ 97.480 billion. As of 31 Dec 2018, a BMW Group had a
workforce of 134,682 employees. The success of a BMW Group has
always been formed on long-term meditative and obliged action. The
association has therefore determined ecological and amicable sustainability
via a value chain, extensive product shortcoming and a
transparent joining to conserving resources as an constituent partial of a strategy.