German auto giants BMW and Daimler said Friday they would invest €1bil (RM4.61bil) in combining and extending their carsharing schemes DriveNow and Car2Go, in future offering a slew of "mobility services", including for electric cars.
"We are pooling the strength and expertise of 14 successful brands and investing more than one billion euros to establish a new player in the fast-growing market for urban mobility," Dieter Zetsche, chief executive of Mercedes-Benz maker Daimler said in a statement.
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