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Stellantis: Free2move grows in car sharing with Share Now

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Gas, Draghi:

(ANSA) – TURIN, JUL 18 – Free2move has completed the acquisition of Share Now, the European market leader and pioneer in the field of free-flow car-sharing. With this strategic move, the Stellantis company continues “its strong growth plans to establish itself as a world leader in mobility, expanding the concept of Mobility Hub to 14 cities”.

There are no changes within the Share Now executive management team.

“We are really excited about this new collaboration.

Free2move and Share now are complementary and the combination of our skills will allow us to have the necessary know-how to concretely innovate the world mobility market “says Brigitte Courtehoux, CEO of Free2move.

“We are extremely happy to join Free2move. We will continue to progress together to meet the expectations of our customers and ensure increasingly sustainable, innovative and flexible mobility,” explains Olivier Reppert, CEO of Share Now.

Free2move has a fleet of over 450,000 cars offering rental, car sharing and subscription services, as well as a network of over 500,000 parking spaces. Following the acquisition, Free2move expands its reach to 32 mobility centers in Europe and the United States. This move – underlines a note – will contribute to the ambition of Stellantis Dare Forward 2030 which expects to reach 15 million customers and a net turnover of 2.8 billion euros by 2030. In addition, it will create new synergies and increase profitability. of the two companies.

(HANDLE).

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Source: Ansa

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