BMW and Daimler invest €1 billion in joint mobility services provider
The BMW Group and Daimler AG are pooling their mobility services to create a new global player in the rapidly expanding segment. The two companies are investing more than €1 billion to develop and more closely intermesh their offerings for car-sharing, ride-hailing, parking, charging and multimodal transport. The cooperation comprises five joint ventures: REACH NOW […]
Ford using ‘big data’ in London to predict traffic incidents
Ford claims it has come up with a means by which so-called ‘big data’ could potentially help cities identify locations most likely to be the scene of future traffic incidents. Its Smart Mobility division has spent the last year recording 1 million kilometres of vehicle and driver behaviour in and around London. The company tracked […]
