Share Now provides car-sharing services in urban areas in Europe, and has more than 4-million registered members. Picture: SUPPLIEDand Mercedes-Benz as the two German groups focus on the software part of their mobility alliance.wants to position itself as a global leader in car-sharing, using this step announced on Tuesday to expand its existing business in the area.
The deal reflects different approaches by carmakers that are trying to tap new sources of revenue beyond selling vehicles, most notably in the developing area of mobility services.mobility division Free2move, said the deal was part of the group’s plans to grow net revenues of that business to €700m in 2025 and to €2.8bn by 2030.said the deal would allow Free2move to add 14 European cities and 10,000 vehicles to its current 2,500-strong fleet, gaining more than 3.4-million customers.
“We’re at break even since mid-2020, we know how to be profitable in this business,” Courtehoux said.but said “step by step we’ll have more and more
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Stellantis buys Share Now car business from BMW, MercedesMilan-based maker of Fiat Chrysler and Peugeot vehicles focuses on car-sharing service to grow revenue
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