Free2Move Reinforces Global Mobility Leadership with Share Now Acquisition

Free2move offers both B2B and B2C mobility provision that covers rental, car sharing and subscription services. It has a fleet of more than 450,000 cars and a network in excess of 500,000 parking places.

Ralph Morton・U.K. and European Correspondent

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July 19, 2022

Free2Move Reinforces Global Mobility Leadership with Share Now Acquisition — Free2Move said the Share Now acquisition would allow it to rapidly reach Stellantis’ Dare Forward 2030 goal of 15 million customers and €2.8 billion in revenue by 2030.
Photo: Share Now

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Free2Move has acquired Share Now, the former car sharing joint venture between BMW and Daimler’s Mercedes-Benz.

The purchase means Free2Move now has over 6 million customers worldwide and is part of the Stellantis group company’s aggressive expansion as a leader in mobility provision. With the addition of Share Now’s 14 cities Free2Move now has 32 European and US mobility hubs.

Brigitte Courtehoux, Free2move CEO, commented: “We are very enthusiastic about the new chapter we are about to write with Share Now, the European leader in free-floating car-sharing. Free2move and Share Now are very complementary and our joint expertise now grants us the savoir-faire to truly innovate in the worldwide mobility market.”

Free2Move said that Share Now’s executive management team would remain in place, and Share Now CEO Olivier Reppert added that both companies would work together to meet customers’ expectations for increasingly sustainable, innovative and flexible mobility.

Free2Move said the Share Now acquisition would allow it to rapidly reach Stellantis’ Dare Forward 2030 goal of 15 million customers and €2.8 billion in revenue by 2030.

Share Now was formed by the merger of Daimler’s car2go and BMW’s DriveNow in 2019. Its customers included Deutsche Kreditbank AG and its 4,500 employees, many who work on location or time-flexible hours,offering them access to flexible mobility solutions.

Topics:Stellantis Free2Move Mobility as a Service Global Fleet

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