Stellantis agrees acquisition of BMW/Mercedes-Benz joint venture Share Now

Stellantis has agreed a deal to acquire the Share Now car sharing mobility provider formed through a joint venture involving BMW and Mercedes-Benz.

The move will boost the car manufacturing giant’s bid to become a “car-sharing leader” with the addition of 14 major European cities and 10,000 vehicles to an existing car sharing fleet of 2,500 vehicles offered via its Free2move mobility solution.

In a statement announcing the agreement to acquire Share Now Stellantis said Free2move is already a key market mobility player for B2B and B2C customers with a fleet of more than 450,000 cars offering rental, car sharing and subscription services, 500,000 parking places and a network of 250,000 charging stations.