BMW and Daimler's joint mobility company gets regulatory green light
https://www.cnet.com/roadshow/news/bmw-daimler-joint-mobility-company-regulatory-green-light/
The company doesn't have a name yet, but it has a goal: Blend every mobility service together and blast the competition back to infancy. Daimler's Moovel and BMW's ReachNow will merge to make it easier for users to take advantage of multi-modal mobility (e.g. taking a bike to a train, then taking a car from the station to somewhere else). Car2Go and DriveNow will create a car-sharing giant that already encompasses 20,000 vehicles, 30 international cities and some 4 million customers.
The JV will also offer ride-hailing options, thanks to already established efforts like Mytaxi, Chauffeur Privé and Beat. On the parking front, BMW already has a strong partnership with Parkmobile, and expanding that should only make finding parking easier. There will also be an EV charging aspect, helping connect users with readily accessible chargers around the world.