BMW and Mercedes-Benz parent company Daimler form a new joint venture company that aims to link their existing car-sharing, ride-hailing, parking, charging and multimodality services. The longtime German rivals say they have pooled their existing DriveNow and Car2Go divisions and invested €1 billion ($1.14 billion) in the new company, which aims to concentrate on five aspects of mobility in separate ChargeNow, FreeNow, ParkNow, ReachNow and ShareNow services focusing respectively on ...

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