Geely joins Daimler in ride-hailing joint venture
Chinese automaker Geely Group Co announced yesterday that it will form a new ride-hailing joint venture with Daimler Mobility Services in China, to further strengthen its position in the mobility services market.
The 50-50 new joint venture will be headquartered in Hangzhou. It will provide ride-hailing services in several cities from next year, using premium vehicles including but not limited to Mercedes-Benz cars, according to a joint statement by the companies.
The fleet initially will include Mercedes-Benz S-Class, E-Class and V-Class and Maybach vehicles and could be supplemented by premium electric vehicles from Geely.
The financial terms and the investment plans of the joint venture have not been disclosed. Geely and Daimler will be equally represented on the board of the new service, for which the two companies will jointly develop software infrastructure.
鈥淲ith Geely Group, we have found an excellent partner to expand our mobility services in China,鈥 said Klaus Entenmann, chief executive officer of Daimler Financial Services AG.
鈥淭he joint venture will play a significant role as we continue to enlarge our portfolio and global presence and solidify our strong position in the mobility market.鈥
Geely President An Conghui said: 鈥淭he development of such services, in which both companies already have a presence, forms part of our transformation from a vehicle manufacturer into a global automotive technology group.鈥
Geely鈥檚 CaoCao, a Chinese domestic ride-hailing service, has more than 17 million users.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.