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 […]

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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

Geely becomes Daimler’s largest shareholder with $9 billion stake

 Automaker Daimler has a new largest shareholder – Geely Automotive chairman Li Shufu. The Geely stake, worth an estimated $9 billion, should give the Chinese automotive giant more leverage when trying to work out cross-company tech arrangements with Daimler and its sub brands including Mercedes-Benz. Daimler is already partnered up with a major automotive concern in China… Read More

View More Geely becomes Daimler’s largest shareholder with $9 billion stake

Geely becomes Daimler’s largest shareholder with $9 billion stake

 Automaker Daimler has a new largest shareholder – Geely Automotive chairman Li Shufu. The Geely stake, worth an estimated $9 billion, should give the Chinese automotive giant more leverage when trying to work out cross-company tech arrangements with Daimler and its sub brands including Mercedes-Benz. Daimler is already partnered up with a major automotive concern in China… Read More

View More Geely becomes Daimler’s largest shareholder with $9 billion stake

Mercedes-Benz’s new MBUX in-car assistant and smart UI rocks

 It’s rare that I pay much attention to automaker infotainment and multimedia system updates at CES – usually there’s too much going on with autonomy, electrification and mobility services to give it much thought. This year, however, Mercedes-Benz had one of the most interesting announcements at the show with its new MBUX smart multimedia system and in-car voice activated… Read More

View More Mercedes-Benz’s new MBUX in-car assistant and smart UI rocks