Stellantis will buy the Share Now car-sharing joint venture from BMW and Mercedes-Benz, incorporating it into Stellantis' own Free2Move service. The companies didn't disclose a selling price, but Bloomberg reported that it could have been around $260 million. Share Now was formed by BMW and Mercedes in 2019 from car-sharing services the two German... Stellantis buys Share Now car-sharing venture from BMW and Mercedes
Stellantis will buy the Share Now car-sharing joint venture from BMW and Mercedes-Benz, incorporating it into Stellantis' own Free2Move service. The companies didn't disclose a selling price, but Bloomberg reported that it could have been around $260 million. Share Now was formed by BMW and Mercedes in 2019 from car-sharing services the two German... 
Using ride-hailing services like Uber and Lyft leads to higher levels of greenhouse gas emissions and traffic congestion than driving personal cars, according to a new study from researchers at Carnegie Mellon University. The problem is that ride-share drivers spend a lot of time "deadheading" (driving alone) without paying passengers onboard, the... 
Dozens of electric cars from the defunct BlueIndy car-sharing service were sent to a scrapyard, as the City of Indianapolis mulls what to do with leftover charging stations, according to local news reports. The Bollore BlueCars—purpose-built for BlueIndy and other car-sharing services operated by France's Bollore Group—are waiting to... 
The current coronavirus pandemic has been a gut-punch not only to ride-hailing tech giants Uber and Lyft, but to the “independent” workers who drive for them and rely on them for secondary (and sometimes primary) income. Ride-hailing and ride-sharing demands are dramatically lower at the moment—down about 60% versus last year... 
Automaker-operated car-sharing services haven't achieved much success, but that hasn't deterred Renault from launching one in Paris. Renault's Zity car-sharing service, which started in Madrid in 2017, will launch in the French capital in March. Zity will make 500 Renault Zoe electric cars available to Parisians through a mobile app. Similar to... 
EMBARGOED TO 16:00 ET The California startup Canoo emerged from its stealth mode less than five months ago (just 19 months into its existence) and presented a radically rethought subscription-based vision for getting around—including four distinct vehicles. That caught the attention of Hyundai Motor Group, and partnership between the two... 
Car-sharing, at least as we know it, looks likely to go down in history as a trend that went in and out with the 2010s. With an announcement Wednesday, one of the biggest longtime players—the newly unified Share Now, from Daimler AG and the BMW Group, announced that it’s withdrawing completely from North America and cutting more of its... 
Portland, Oregon is one of many larger cities in the U.S. currently undergoing a transportation shakeup that’s still confusing even to some transportation groups and policy wonks. It certainly seems puzzling as well to Share Now—that’s the combined company formed by BMW and Daimler, from their car-sharing operations that has been... 
Canoo doesn’t want to sell you a car. It wants you to subscribe to one—one of the electric vehicles that it’s conceived and will repair, maintain, and recondition. The ambitious California company, formed by some Faraday Future refugees in 2017 and once called Evelozcity, emerged from stealth mode Tuesday—with a set of... 