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mobility services

BMW and Daimler invest more than €1 billion in joint mobility services

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The BMW Group and Daimler AG are pooling their mobility services to create a new global player providing sustainable urban mobility for customers.

The two companies are investing more than €1 billion in total to develop and more closely intermesh their offerings for car-sharing, ride-hailing, parking, charging and multimodal transport.

The two companies’ mobility services have a combined total of over 60 million active customers to date.

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Toyota and SoftBank to set up new mobility services joint venture

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Toyota Motor Corporation and SoftBank Corp. have agreed to form a strategic partnership to create new mobility services, and plan to establish a joint venture company, MONET Technologies Corporation, before the end of the 2018 fiscal year (April 2019).

MONET will provide coordination between Toyota’s Mobility Services Platform, Toyota’s information infrastructure for connected vehicles, and SoftBank’s Internet of Things Platform, which was built to create new value from the collection and analysis of data acquired from smartphones and sensor devices.

By utilising a wide range of different forms of data related to automotive and human mobility on both platforms, MONET is aiming to optimise supply and demand in transportation and, ultimately, to launch Mobility-as-a-Service businesses capable of resolving social mobility issues and creating new value.

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