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Stellantis: Free2Move buys Share Now (Mercedes-Bmw)

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Nobel Prize Winners and Ministers for the Turin Economics Festival (ANSA)

(ANSA) – TURIN, 03 MAY – The Stellantis group is strengthened in car sharing with the acquisition of Share Now, a Mercedes-Benz and BMW joint venture. The German company based in Berlin, born from the merger of Car2go and Drive Now, adds 14 new European cities to Free2move’s 7 mobility centers in the United States and Europe and improves technological skills. Free2move is already a key player in the mobility market with a fleet of over 450,000 cars offering rental, car sharing and subscription services, 500,000 parking spaces and a network of 250,000 charging stations. Free2move will add more than 3.4 million customers to 2 million users “The integration of Share Now’s strong positioning in major European cities will allow our customers to have access to a wider range of services to meet their diverse needs. mobility, “explains Brigitte Courtehoux, CEO of Free2move. “It is equally important that this acquisition accelerates our growth in terms of profit. We are now closer to achieving our goal of expanding Free2move’s presence worldwide, reaching 15 million active users by 2030”. Stellantis’ Dare Forward 2030 plan envisages growing mobility services to net revenues of 2.8 billion euros with a first step of 700 million euros in 2025. (ANSA).

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Source: Ansa

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