Self-driving Mercedes-Benz S Class sedans are coming to San Jose

Another autonomous ride-hailing test project has popped up in the U.S. This time, Daimler and Bosch, one of the largest automotive tech and hardware suppliers in the world, are partnering to pilot a robotaxi service in San Jose, California. The program will use automated Mercedes-Benz S Class vehicles, the German automaker’s full-sized luxury flagship sedans, the company […]

View More Self-driving Mercedes-Benz S Class sedans are coming to San Jose

Daimler’s car2go car sharing service adds its first U.S. city in four years

Car2go, the free-floating car-sharing service owned by Daimler, launched in Chicago this week—the company’s 25th market globally. The car-sharing company, which lets customers rent out vehicles on a short-term basis, has been steadily expanding in the past several years, adding to and changing up its fleet beyond the diminutive Smart cars that were once the […]

View More Daimler’s car2go car sharing service adds its first U.S. city in four years

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark. Daimler, the German automotive giant which owns Mercedes-Benz among other things, led the round. The investment […]

View More Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

BMW and Daimler agree to merge mobility service businesses

It’s been hinted at, but Daimler and BMW are officially bringing together their mobility services business groups into one combined company, with a 50 percent stake owned by each automaker. That means tying up all their on-demand mobility offerings, including car share services Car2Go and DriveNow; ride-hailing like myTaxi, Chauffeur Privé and Clever Taxi; parking […]

View More BMW and Daimler agree to merge mobility service businesses

Daimler buys remaining 25% stake of car sharing startup car2Go from EuropCar for $85M

 German automaker Daimler has been steadily investing in a stream of new transportation services as it positions itself for the next generation of car ownership and travel. Today, it consolidated its position in one of those business: it paid €70 million ($85 million) to buy the remaining 25 percent of car-sharing company car2Go that it did not already own, valuing car2Go at €280 million… Read More

View More Daimler buys remaining 25% stake of car sharing startup car2Go from EuropCar for $85M