Categories: Europe

BMW CEO says he’s weighing choices for mobility JV with Daimler

BMW CEO Oliver Zipse stated he’s weighing choices for the corporate’s mobility providers three way partnership with Daimler, together with bringing in new companions or probably a partial sale.

BMW needs to proceed to take part within the mobility providers market “whether or not we usher in new companions or whether or not we promote it,” Zipse instructed a video convention of reporters on Wednesday.

“It is a very dynamic surroundings,” he stated. “You will note the place we make one or the opposite transfer.”

The way forward for Free Now, the BMW-Daimler enterprise that features automotive sharing, trip hailing and different providers, has been unsure. Final month, Germany’s Supervisor Magazin reported Uber Applied sciences had supplied 1 billion euros ($1.18 billion) for the enterprise.

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