Daimler plans to expand car sharing in China

Mar 24, 2017
Beijing
  • car2go China and Car2Share merge within Daimler’s Financing Unit
  • Stronger strategic focus for providing sustainable mobility solutions tailored for private and business customers in China
  • Alexandre Mallmann: “By combining the power of these two great brands, we are showing our innovation and determination to move car sharing forward with an even stronger strategic focus in China.”
  • Chen Bing: “With our expertise in both free-floating and station-based services, we can provide customers with an even better mobility service experience.”
  • Over 250,000 registered users for car2go and Car2Share in China

Beijing – Mercedes-Benz Auto Finance Ltd. announced today that it is merging both car sharing operations in China, car2go and Car2Share, to focus on better serving the needs of local consumers. The consolidated car2go China Co., Ltd. will be headed by Ms. Chen Bing as Chief Executive Officer. With this move, the company demonstrates its commitment to expanding car sharing services locally. Building on its role as the first premium car manufacturer whose expertise lays in to offer both free-floating and station-based car sharing services in China, the consolidation of the two brands is an important milestone in the strategic expansion of mobility services. With the consolidation of all local car sharing operations now under one roof, the company can provide the right mobility solution for every situation, with mobility at fingertips via a smartphone.

Mr. Alexandre Mallmann, President and Chief Executive Officer, Mercedes-Benz Auto Finance Ltd.: “Daimler is not just a manufacturer of safe and fascinating automobiles. As the first premium manufacturer to bring car sharing to China, we are also a pioneer in mobility services. Now by combining the power of these two great brands, we are showing our innovation and determination to move car sharing forward with an even stronger strategic focus in China.”

Ms. Chen Bing, Chief Executive Officer, car2go China Co., Ltd.: “Our aim with car2go China is that by providing users with services perfect for any occasion, more and more Chinese customers can choose alternate mobility solutions for their daily travels. With our expertise in both free-floating and station-based services, we can provide customers with an even better mobility service experience.”

car2go China provides mobility services tailored for local customers

Now combining the services of car2go and Car2Share, car2go China currently operates in seven cities across China, including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Hangzhou and Chongqing. In 2016, the combined registered users of both services exceeded 250,000, a twelve-fold growth over the previous year. In 2016 alone, car sharing customers in China drove around 5 million kilometers last year – enough to travel around the world 121 times. The free-floating car sharing service car2go launched in Chongqing in April 2016, bringing its entirely new concept of free-floating car sharing service to Asia for the first time. So far Chongqing ranks among the top ten largest car2go programs in the world. Daimler became the first premium brand to offer car sharing services in China with Car2Share, the stationed-based car sharing program. Through partnerships with renowned business partners as of last year, its total coverage reached over 60 stations.

Daimler plans to expand car sharing in China
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