Daimler and BMW Invest €1 Billion in Urban Mobility Co-Venture

When Daimler and BMW announced a plan to fuse carsharing services Car2Go and DriveNow in March 2018, it was largely because the two German auto giants had realized the threat posed by mobility upstarts like Uber and Waymo was way bigger than their 100-year-old rivalry. “As pioneers in automotive engineering, we will not leave the […]