- Twitter 14Jun
RT @ElectrekCo: Tesla all but confirms it's going to make own battery cells with new Maxwell tech https://t.co/xsaKPSRTY4 by ...
- Twitter 11Jun
RT @ITS_Int_News: . @Easy_Mile upgrades EZ10 to operate without on-board attendant https://t.co/PwSfuVOAfi #DriverlessShuttle ...
- Twitter 11Jun
RT @SylvainHaon: What we agreed in #Paris is not to wait and hope for the best technological solutions, we need ...
- Twitter 11Jun
RT @ITS_Int_News: #Skedgo partners with #Fluidtime to broaden #MaaS offering https://t.co/jUe9b4UGbF @TripGo #smarttrips ...
- Twitter 11Jun
RT @ToyotaInsurance: Toyota aims to get half of its global sales from electrified vehicles by 2025 https://t.co/Nn7Of3hPun @Reuters #EVs ...
Connected fleet news log
The PTOLEMUS research team are tracking important evolutions in connected fleet services, telematics, fuel card services, etc. on a daily business. Below, we share some of our key findings, but you can find more in our 2018 Connected Fleet Services Global Study.
3 May 2019
Connexas Group acquires Seven Telematics
Connexas Group, a leading provider of technology-enabled, fleet management and mobile worker solutions, is today announcing the acquisition of Nottinghamshire-based Seven Telematics. Building on its strong financial results, the deal will see Northampton-based Connexas Group annual revenues increase to over £20m, with the business servicing in excess of 700 customers and fulfilling well over 100,000 connections in the UK and overseas.
2 May 2019
Verizon Connect adds roadside assistance to telematics platform
Verizon Connect has partnered with a national insurance company to add Roadside assistance to its existing Reveal fleet management software platform.
23 April 2019
KeepTruckin raises $149 million in Series D round
US-based KeepTruckin today announced it secured $149 million in a Series D investment led by Greenoaks Capital, with participation from existing investors IVP, GV, Index Ventures and Scale Venture Partners. The latest round brings the company’s total funding to $228 million. KeepTruckin powers one of the world’s leading networks of connected trucks, helping more than 250,000 vehicles and over 50,000 for-hire carriers run more efficiently, safely, and reliably.
15 April 2019
The shutting down on 3G networks could leave fleet technology solutions powerless
Providers are in the process of shutting down older 3G cellular networks, and that means the fleets running equipment on these networks could see disruptions if they don’t upgrade before the 3G networks disappear. It’s time to join the 5G revolution. So we’ve been told. If you’ve seen the ads on television, providers are rolling out their 5G technology across the country, but trucking isn’t quite ready for 5G just yet. In fact, based on conversations, much of trucking is still not ready for 4G.
8 April 2019
Geotab to acquire public fleet-focused BSM technologies
The joining of two telematics firms will add thousands of government vehicles to Geotab’s customer base and BSM products to its ecosystem. In return, BSM customers get access to Geotab’s tools, marketplace and expertise. BSM provides telematics and asset management software to more than 165,000 vehicles – Geotab has over 1.5 million active devices.
24 March 2019
Recent study finds ELD mandate had no significant impact on crash rates
While the electronic logging device (ELD) mandate has indeed improved hours of service (HOS) compliance, a recent study found that the mandate’s potential safety impacts, which are often discussed, have not come to pass. (Figures in article)
19 March 2019
Geotab awarded World’s largest telematics contract by General Services Administration
Geotab has announced it has been awarded the largest single-source telematics contract to date by GSA Fleet, a division of GSA (General Services Administration), which provides centralized procurement for U.S. federal agencies. With one of the largest non-tactical fleets in America, GSA Fleet will equip its 217,000 vehicles with Geotab’s trusted fleet management technology.
13 March 2019
I.D. Systems to Acquire Pointer Telocation, combined company with >500K subscribers
Combined Company with 500,000+ Monthly Subscribers at Closing and Expected 600,000+ Subscribers by End of 2019
27 February 2019
ORBCOMM investor presentation
26 February 2019
CalAmp buys Tracker
Technology company CalAmp has bought Tracker for €10m. The telematics business will be aligned with LoJack Italia, helping to drive CalAmp’s European expansion.
8 February 2019
VW acquires 60% stake in FleetLogistics
Its financial services unit said on Friday that it has bought, for an undisclosed sum, a 60 per cent stake in Bavarian-based FleetCompany, which operates in more than 70 countries under the name FleetLogistics. Tüv Süd, the former owner, will hold on to the remaining shares. CarMobility, a VW subsidiary, will be merged with FleetLogistics, which has a portfolio of about 200,000 vehicles.
5 February 2019
Fleet registrations in UK fall for fifth month running
The latest figures from the Society of Motor Manufacturers and Traders (SMMT) show that demand from fleet buyers fell 3.4% last month to 86,559 units while the sub-25 ‘business’ registrations segment was down 33.5% to 3,076 cars.
5 February 2019
Fines and penalties incurred by fleet drivers hit £15.3m
The percentage of company car and van drivers incurring penalties for minor offences, such as bus lane and parking misdemeanours, rose 22.7% year-on-year, according to annual figures from Lex Autolease.
5 February 2019
Mitsubishi adds telematics to Triton pickup
As part of its newly introduced Triton range the Japanese importer will now offer fleet buyers the option of equipping light commercial utilities with the cost-saving – and potentially life-saving – technology. For Mitsubishi, it’s not only a way of ensuring its fleet customers track and monitor fleet servicing requirements and driver behaviour, but to also grow its presence in a market currently dominated by Toyota and Ford.
4 February 2019
TSP ViriCiti receives $5.7m funding
Energy Impact Partners (EIP) invested $5.7 million in ViriCiti, in a Series A round of funding. The investment in the EV fleet efficiency technology company is EIP’s first in a Europe-based firm. ViriCiti has developed and deployed a telematics platform for monitoring and managing electric bus and truck fleets, enabling fleet operators to optimize battery and vehicle performance. The company currently serves more than 50% of the e-bus market in Europe and North America
4 February 2019
ELD adoption fails to reduce truck accidents study shows
ELDs were supposed to reduce driver fatigue and make roads safer, but a recent report suggests that any benefits may have been offset by an increase in unsafe driving behaviors.
4 February 2019
Trakm8’s revenues hit by Brexit
In a trading update, the fleet management and dashcam systems firm said revenues for the year ending 31 March 2019 were expected to be 25% to 35% lower than last year, which it blamed on Brexit uncertainty delaying contracts.
29 January 2019
Q&A with Bridgestone on their TomTom’s Telematics BU acquisition
27 January 2019
Investor argues TomTom is still undervalued after Telematics BU sale
Telematics generated only 20% of the entire company’s revenue.
24 January 2019
Chevin launches maintenance app
Designed for use on a tablet or smartphone, The Workshop Hub is a web-based app that providing greater accessibility for technicians to view assignments either within the workshop or remotely, out in the field.
21 January 2019
Trace Systems and Labyrinth Logistics Consulting acquired by Big Change
Fleet management software provider Trace Systems and logistics firm Labyrinth Logistics Consulting have been acquired by technology company Big Change. The deal for Trace, which works with fleet operators across the UK, will see its management capabilities integrated into Big Change’s Job Watch programme, with Trace founder Bill Davies working as an advisor.
17 January 2019
SGS France develops new services for fleets
The inspection specialist is targeting fleet sector with new services, installing black boxes and providing platform.
16 January 2019
Russian fleet market expected to grow 5% in 2019
According to automotive statistics and analysis providers Autostat, fleet sales represented 13% of total sales, i.e. around 235,000 units. While that percentage has remained stable for a while, renewed market dynamism means that the absolute figure has increased significantly. As recently as 2017, half-year corporate new-car sales in Russia, while also representing 13%, only amounted to 82,645 (roughly 165,000 on an annual basis).
15 January 2019
ETC expands to carsharing
International automotive technology vendor ERM Advanced Telematics, whose technologies and products are sold in more than 65 countries worldwide, is expanding its efforts to penetrate the global carsharing market. The company’s devices are already installed in thousands of shared cars in India and Israel. ERM is supplying carsharing companies with telematics products from its StarLink products line, with optional add-on features and required adjustments such as wireless communications technologies like Bluetooth, WiFi, and RF. Other complementary add-on products from ERM’s production lines can be tailored to meet a whole range of needs of this fast-growing automotive sector.
14 January 2019
Connexion Telematics equip GM vehicles with fleet management software
Smart car technology developer Connexion Telematics (ASX: CXZ) has announced its fleet management software is now in operation for General Motors Corporation. The Melbourne-based company today advised the market that its OnTRAC software has been launched and commissioned for the multinational car manufacturer’s Courtesy Transportation Program (CTP). To date, Connexion has reported more than 69,900 registrations for the software, including 11,548 enrolments for the Cadillac Courtesy Transportation Alternative (CTA) program.
3 January 2019
Michelin and Bridgestone show interest in acquiring TomTom Telematics
According to a Dutch financial paper, Michelin wants to add TomTom’s telematics unit to its Michelin Solutions portfolio. Pamplona Capital Management are also in the race as well as a second unidentified investment company. Price is suggested between 1 and 1.5 billion euros.
28 December 2018
a16z and General Catalyst invest $100m in Samsara at 3.6bn valuation
Sensor Data platform startup Samsara confirmed that previous investors a16z and General Catalyst had closed a late-stage funding round of $100m. The valuation of Samsara is now $3.6b. “Samsara appears to be doing well: Sekar wrote that the company grew its revenues by 250% in 2018. Samsara offers a wide range of data, information, and telematics solutions for industrial applications: in transportation, this largely means sensors ranging from ELDs to cameras and diagnostics, software for mobile devices, broadband connectivity, and cloud computing resources.“
28 December 2018
Hitachi wants to buy Polish leasing and vehicle-fleet operator Prime Car Management
Hitachi Ltd. is seeking to buy Polish leasing and vehicle-fleet operator Prime Car Management SA, potentially setting up a bidding war between the country’s largest lender and the Japanese manufacturing conglomerate.
24 December 2018
Trimble recently acquired a fleet management provider Veltec
21 December 2018
21 December 2018
To follow: Telematics survey published in January 2019:
20 December 2018
Flotauto’s guide to TSPs
19 December 2018
VW acquires majority stake in WirelessCar from Volvo
The Volkswagen Group is acquiring a majority stake in the Swedish telematics specialist WirelessCar from Volvo with a view to making further advances in fleet connectivity.
The group is acquiring a 75.1% stake. Completion is expected in the first half of 2019 and is subject to approval from antitrust authorities.
19 December 2019
Toyota partners with Grab for fleet maintenance
Toyota Motor is partnering Grab to provide a one-of-a-kind vehicle maintenance service to 1,500 cars in the ride-hailing company’s fleet in Singapore, called Total-care.
19 December 2019
Vimcar start-up secures €12 million to fund fleet management platform
Berlin-based fleet management startup Vimcar has secured € 12 million round of investment led by the Munich venture capitalist Acton Capital Partners with participation from UVC Partners, Atlantic Labs and Coparion. The startup will utilise the fund to expand its fleet management platform. Since its instigation, the company has raised a total capital of € 18 million.
17 December 2018
Avis to deploy ID Systems tech on vehicle fleet
I.D. Systems and Avis Budget Group have executed a new purchase agreement to deploy 75,000 additional units of I.D. Systems’ wireless rental fleet management systems in Avis Budget’s vehicle fleet. I.D. Systems’ wireless in-vehicle management system permits two-way data communications between a vehicle and various car rental operating systems.
Combined with Avis Budget’s other existing technologies, I.D. Systems’ rental fleet management systems will give Avis Budget virtual rent and check-ins for vehicles on a mobile device. I.D. Systems expects to begin delivering the hardware in the second quarter of 2019.
12 December 2018
Nationwide partners with Lytx to offer DriveCam
“Nationwide, one of the largest insurance organizations in the United States, announced a partnership with Lytx to offer its DriveCam safety program to long-haul trucking companies. With fatalities up nearly 5 percent in 2018 and distracted driving on the rise, Nationwide says the key to creating a safer driving environment is to instill safer driving habits. Nationwide will provide fleets with a three-month paid subscription for the Lytx DriveCam safety program and the Lytx Fleet Tracking program enhancement.”
10 December 2018
Tencent-backed fleet manager G7 gets $320m in funding
A sizable funding round is poised to heat up a race to automate China’s logistics infrastructure. Beijing-based fleet management company G7announced on Monday that it has banked $320 million to drive technological development, bringing its total capital raised to around $500 million.
G7, which runs a proprietary connected platform for trucks, shippers, fleet manager and drivers, received the proceeds from lead investor HOPU Investments, one of the most high-profile private equity firms in China.
8 December 2018
Trakm8 Shares jump 20%
Shares of Trakm8 Holdings PLC (LON:TRAK) shot up 20% on Thursday. No reason is mentioned of why.
6 December 2018
MiX Telematics launches MiX Now
MiX Now tells business owners or managers where their vehicles and drivers are, reveals how vehicles are being used, and sends useful reminders and alerts, helping to improve safety, efficiency and compliance. And unlike other self-service telematics products, MiX Now is backed by an established global brand with more than 700,000 subscribers, has a simple sign-up process, and offers a great customer experience.
12 November 2018
TomTom attracts at least 3 bidders
TomTom has received at least three unsolicited takeover bids, people familiar with the matter told TMT Finance. The private equity groups CVC Capital Partners, Cinven and Silver Lake are all interested in taking the Dutch navigation company private.
11 November 2018
Samsara TSP amongst new US unicorns
Samsara, a fleet management provider founded in 2015, has reached valuation of $1.4 billion in 2018.
11 November 2018
BT preparing to sell fleet management division
BT is preparing to sell its fleet management operations in a deal which could raise hundreds of millions of pounds, Sky News has learnt.
10 November 2018
ALD grows fleet size by nearly 10%
Full service leasing and fleet management company ALD Automotive has recorded a 9.8% year-on-year rise in its fleet size and announced a series of new initiatives to expand its portfolio of services. Reporting its results for the third quarter of 2018, ALD said it now manages 1.63 million vehicles worldwide, up from 1.49 million at the end of September 2017, and attributed its growth to investment in technology.
There’s no mentioning of number of connected vehicles but: “LD has also entered the connected car space, via a new strategic partnership with Vinli. Signed in October 2018, this will give ALD access to Vinli’s connected car expertise, which includes a cloud-connected car and data intelligence platform.”
9 November 2018
ZED Connect shutting down its ELD program
Customers choosing the transfer will receive a free Stoneridge ELD device and one-year subscription to the Stoneridge ELD and IFTA service for free.
8 November 2018
ALD publishes mixed results in 2018Q3 – Managed fleet shows 7.2% incraese
Societe Generale’s subsidiary claims a managed fleet of 1.626 million vehicles, a total that has increased 7.2% since January and 9.8% compared to the end of September 2017. -No mentioning of share of devices equipped-
7 November 2018
Berg reports 7.7 million of active units in Europe in Q4-2017, to reach 15.6 million by 2022
The top-15 vendors have today more than 100,000 active units in Europe. TomTom’s subscriber base has grown both organically and by acquisitions during the past years and the company is the clear market leader on the European market and reached an installed base of about 708,000 units at year-end 2017. Masternaut is still in second place and had achieved an installed base of an estimated 250,000 units. Berg Insight ranks Verizon Connect as the third largest player in terms of active installed base with around 235,000 units. ABAX, Microlise, Gurtam, Viasat, Bornemann, Teletrac Navman, Trimble, Transics and OCEAN (Orange) also have more than 100,000 active devices in the field.
6 November 2018
KeepTruckin creates app marketplace
Electronic logs and fleet managementplatform supplier KeepTruckin announced the launch of a central KeepTruckin App Marketplace.
4 November 2018
Mitsubishi Australia announces new cloud based fleet solution
Mitsubishi Motors Australia Ltd. (MMAL) has made an announcement confirming the launch of its new Fleet Management solution developed in partnership with Fleet Complete. The Mitsubishi Motors Fleet iQ has been designed to provide Mitsubishi’s fleet customers a range of solutions and services to improve mobile resource visibility, uptime and safety while lowering the total cost of ownership.
2 November 2018
Volvo teams with Trimble for fleet management services
Volvo Trucks has partnered with Trimble Transportation Enterprise to collaborate on fleet management services.
1 November 2018
Mix telematics reports big jump in subscribers (note: not all fleet but most)
Fleet management group Mix Telematics has reported a solid set of results for the first half of its 2019 fiscal year ended 30 September, showing strong growth in subscriptions. This brings the total base to over 714,000 subscribers, up 12% year over year, it said. “Our over 18% year over year subscription revenue growth was broad-based, driven by uptake from our premium fleet customers globally.
31 October 2018
South African Cartrack shows strong growth
On Wednesday, Cartrack published its interim results for the six months to August 2018, showing a 28% rise in subscribers to 849,772.
28 October 2018
SmartDrive announces Collaboration with Geotab
SmartDrive Systems, a leader in video-based safety and transportation intelligence, today announced a collaboration with Geotab to provide fleets with integrated solutions that leverage the SmartDrive® platform as a single on-board data collection hub.
26 October 2018
Uptake, Geotab partner for AI-powered fleet management
Industrial solutions software company Uptake and fleet telematics provider Geotab have partnered to develop a service to help fleets predict failures. By combining Geotab’s hardware, which already captures data from about 100 different truck sensors, with AI-powered predictive analytics, fleets will have more precise insights into which components will fail, and when, according to an Oct. 25 press release.
25 October 2018
LeasePlan USA partners with Fleetcor for fuel card and vehicle maintenance programs
FLEETCOR Technologies, Inc.(NYSE: FLT), a leading global provider of commercial payment solutions, announced today two new agreements that expand its relationship with LeasePlan USA, one of the world’s leading fleet management and driver mobility companies. First, LeasePlan has partnered with FLEETCOR as a preferred provider of its national commercial fuel card program. Under the agreement, FLEETCOR will manage and provide a variety of services supporting LeasePlan’s new universal fuel card, including back-end system processing and billing. The product will be offered to LeasePlan’s new and existing fleet management customers beginning in 2019. The partnership also enables FLEETCOR’s North American fuel card clients to access LeasePlan’s national account vehicle maintenance network of more than 70,000 service providers.
24 October 2018
INRIX announces extension of collaboration with BMW Group
INRIX, Inc., a provider of connected car services and mobility analytics, announced the extension of its collaboration with BMW Group to connect North American vehicles with INRIX driving services for real-time traffic, travel alerts and online routing.
Powered by the INRIX network of more than 300 million connected vehicles and devices, BMW ConnectedDrive® with Real-Time Traffic Information provides drivers with real-time and predictive traffic for routes, travel times, and accident and incident alerts. During a navigation session, INRIX also provides traffic-influenced rerouting for the most up-to-date travel information.
23 October 2018
Avis, Ford connect 35K vehicles
To make renting vehicles easier for customers and to improve efficiency, Avis Budget Group has formed a partnership with Ford Commercial Solutions to connect more than 35,000 Ford Motor Company vehicles in Avis Budget Group’s U.S. fleet.
15 October 2018
Volvo launches fleet management solution through Amazon Alexa
The carmaker has created an Amazon Alexa skill dedicated to the needs of its fleet customers. The voice- or app-activated service gives access to a range of fleet management services, such as requesting specific vehicle information, booking a demonstrator, listening to the latest news from Volvo, and even requesting a meeting with a Volvo regional business sales manager.
12 October 2018
Arvento presents new B2C products
Arvento Mobile Systems launches 2 new products specifically designed for individual users in the Gitex Technology Week 2018. With more than 832.000 mobile devices and 76.000+ customers, Arvento has been Turkey’s Fleet Telematics and IoT market lead for the last 13 years, and one of the major player in the Gulf and the CIS region.
11 October 2018
A third of fleet managers find it hard to keep pace with a changing industry
Shell’s Future of Fleet report reveals that 59% of fleet managers are excited about the role new technologies will play in their sector. However, 39% find it hard to stay informed. 42% say that staying competitive is the biggest challenge.
10 October 2018
MiX Telematics surpasses 700,000 subscribers
Mix Telematics announced it has surpassed the 700,000 subscriber mark. This milestone was achieved by continued growth in its key markets, which saw more than 22,000 net new subscribers added in the second fiscal quarter, ending September 2018. The split between fleet and asset tracking is not revealed.
8 October 2018
Trimble Acquires Brazil-based Veltec
Trimble (NASDAQ: TRMB) announced today that it has acquired privately-held Veltec, a fleet management provider that delivers solutions to transportation companies to improve safety and reduce operational costs. Veltec is headquartered in Londrina, Brazil. The acquisition of Veltec further expands Trimble’s global footprint and extends Trimble’s fleet safety and efficiency solutions to new markets. Financial terms were not disclosed. Veltec is said to serve more than 900 companies.
6 October 2018
Tata Motors first to install 1 lakh telematic systems on trucks in India
Tata Motors has achieved a new milestone in connected vehicle technologies by becoming the first Indian automobile company to install advanced telematics systems in 1 lakh medium & heavy commercial vehicles
4 October 2018
BlackVue Introduces Cloud API to Facilitate Fleet Telematics Software Integration
BlackVue Dash Cameras just introduced a new Cloud Application Programming Interface (API) primarily targeted at GPS tracking and fleet management solution providers.
4 October 2018
The Floow launches into telematics market
Leading telematics company The Floow enters into the world of commercial insurance fleet
3 October 2018
VW partners with Microsoft to create connected fleet
VW has entered a partnership with Microsoft as part of its strategy to become a mobility provider with a fully connected fleet of vehicles. From 2020 onwards the German car firm plans to manufacture more than 5 million Volkswagen brand vehicles per year that are fully connected and part of the Internet of Things in the cloud.
2 October 2018
Masternaut launches Pulse, a CLA plug-and-play telematics
Masternaut has launched a plug-and-play telematics solution that offers low-cost, hassle-free, pay-as-you-go service. The Pulse device has been designed for companies that want to implement simple telematics. The Pulse device plugs directly into the vehicle cigarette lighter. Since there is no hardwiring required, vehicles don’t need to be kept off the road for installation, avoiding downtime. It offers GPS tracking, mileage expense reports and reports on speeding, journeys and utilisation. Fleets can manage both their permanent fleet and short-term vehicles in one place, on Masternaut’s Connect platform.
2 October 2018
TomTom announces 2 deals with A) BMW and B) Groupe PSA
TomTom (TOM2) today announced that it has been awarded an extension to an existing deal to provide navigation components to PSA beyond 2020.
28 September 2018
ViaSat Group acquires Detector Group to expand presence in Spain
Viasat Group has acquired 100% of Grupo Detector to strengthen its presence in the Spanish market, in which it was already present through its subsidiary MobileFleet, the company reported. With this acquisition, the company increases its turnover by approximately 10 million euros, reaching approximately 70 million in 2017. In addition, 70 Detector professionals are added to the more than 650 of the group.
27 September 2018
TomTom plans to sell telematics unit to focus on maps in the light of increasing competition
TomTom is considering selling its fleet-management business to concentrate on competing head-to-head with Google in car navigation software, it said on Thursday. Shares in the Dutch company jumped by 17 percent to 7.25 euros on the news, but that only recovered about half of the one-day loss suffered last week when Google announced a far-reaching supply deal with a group of carmakers including Renault, Nissan and Mitsubishi. Shares in the Dutch company jumped by 17 percent to 7.25 euros on the news, but that only recovered about half of the one-day loss suffered last week when Google announced a far-reaching supply deal with a group of carmakers including Renault, Nissan and Mitsubishi.
26 September 2018
Fleet Complete and Toyota team up to drive fleet insights
Leveraging big data, powered by Toyota Connected Data Services, Fleet Complete’s CONNVEX platform enables its fleet-owning customers to improve driver and vehicle safety, as well as reduce total cost of ownership and fleet downtime through real-time visibility of GPS, fuel level, odometer readings and tire pressure.
18 September 2018
Ford to launch 2 new solutions for fleet customers in Europe
Ford announced it is bringing two new connected vehicle solutions to European fleet customers early 2019. Ford Commercial Solutions (FCS) will offer the ability to view data from connected Ford vehicles via Ford Telematics. Ford recognises that some larger fleets may wish to work with their own in-house or third-party system providers to develop bespoke vehicle solutions to meet their needs. That is why Ford has designed Ford Data Services, which gives large company fleets, telematics service providers and fleet management companies direct access to valuable OEM-grade vehicle data.
14 September 2018
Verizon expands the use of 4G network to include connected vehicle and fleet data
Verizon will launch the world’s first next-generation 5G service on Oct. 1 for residential customers in four cities, and has been expanding the use of its 4G network to include connected vehicle and fleet data. Verizon has been finding new uses for its 4G network, including connected vehicles, fleet, Internet of Things, and smart city services.
5 September 2018
Amazon order 20,000 Merzedes-Benz vans for new delivery service
Amazon Inc. is ordering 20,000 Mercedes-Benz vans from Daimler as part of a broad plan to build out its delivery fleet and have small businesses carry an excess supply of packages. The company expects to have more than 100 vans on the road by year-end, and will take delivery on all 20,000 vans by the end of 2019.
3 September 2018
Swiss AVRIOS has raised $14m for an AI-fueled fleet management platform
“Its platform, which focuses on passenger car and van fleets and is being used by ~700 customers (predominantly in Europe) to manage ~70,000 vehicles at this stage, is already using machine learning technology to help fleet managers stay on top of data related to car leasing costs.”
3 September 2018
SAS Grup (RO) Acquired by AROBS
AROBS Transilvania Software, one of the biggest software producers in Romania, has signed an agreement to take over SAS Grup, a smaller IT firm that specializes in fleet management services. SAS Grup owns the alarma.ro website and is currently one of the top three providers of vehicle fleet management services in Romania, serving over 2,200 local and international clients. Its portfolio includes telecom group Orange Romania, lender BCR, transport services provider Atlassib and courier firm DHL Romania. Following this transaction, AROBS becomes one of the biggest fleet management services provider in Central and Southeastern Europe, with over 6,500 clients and 85,000 vehicles monitored every day.
20 August 2018
SensLynx offering white label GPS fleet management system
SensLynx, provider of a wireless GPS fleet tracking and asset management system, has created a white label product offering for resale business owners.
18 August 2018
Avis fleet now has 100,000 connected cars
Avis Budget Group has surpassed the 100,000 connected car threshold globally. n the two years since the Avis mobile app’s launch, usage has grown to more than 1.5 million transactions by more than 400,000 unique customers and has increased customer satisfaction ratings by 20 percent, the company said in release.
14 August 2018
Omnitracs builds custom Amazon Alexa Skill for fleet
Fleet management systems provider Omnitracs announced that its Data and Analytics team has completed an Amazon Alexa skill for P&S Transportation, a long-haul and regional flatbed trucking company based in Birmingham, AL. The fleet now has access to Omnitracs’ Ivi (phonetically “Ivy”) Fleet Manager private skill. The new voice-assisted analytics from Omnitracs is designed to allow for easier access to key business data and a more natural way of interacting with the information.
7 August 2018
Uber doubles down on freight business
Uber Technologies Inc is creating a standalone business out of its long-haul trucking business, with plans to double its investment in the unit to drive growth ahead of a much-anticipated initial public offering. The unit will be led by Lior Ron, co-founder of Otto.
5 August 2018
MIX Telematics added 15,000 subscriptions during last quarter
From transcript:“We also added over 15,000 net new subscribers during the quarter, bringing our total base up to 692,000 a year-over-year increase of 11%.”
27 July 2018
Ituran buys Latin American telematics company Road Track
The Israeli vehicle location and control company will buy an 81.3% stake in Road Track for $91.7 million, at a company valuation of $113 million. Road Track’s major customers include two global automotive manufacturers as well as car dealers, insurance companies, car financing companies and fleet operators. As of year-end 2017, Road Track had 550,000 subscribers.
10 July 2018
Mercedes to launch self-driving taxis in California in 2019
Mercedes-Benz has announced plans to launch a self-driving car pilot somewhere in Silicon Valley next year. The service is called “automated shuttle” but the fleet will consist of S-Class luxury sedans and B-Class hatchbacks
3 July 2018
PSA, Renault both want to launch a car-sharing scheme in Paris
PSA and Renaultare vying to offer a car sharing scheme in Paris to replace Autolib, the electric car sharing service run by French tycoon Vincent Bollore’s group that was recently ditched by local authorities after a dispute. PSA will launch during the last quarter of 2018 a “free floating” car-sharing scheme in Paris. Renault already offers a car sharing service in France, “Renault Mobility” and operates 500 Zoe electric cars in “free floating” in Madrid.
26 June 2018
Geotab gives public access to data aggregated from hundreds of thousands of vehicles
Geotab’s new website uses Google BigQuery to grant access to datasets which provide insights surrounding smart city planning, improved productivity for businesses and safer communities. The data is aggregated from hundreds of thousands of vehicles with Geotab GO telematics device worldwide. The data sets are fully anonymised and are categorised in relation to Urban infrastructure, weather and location analytics.
22 June 2018
Paris pulls the plug on Autolib, the electric-car sharing service
The city of Paris and other local governments decide to cancel their contract with Autolib’s operator, Bollore SA, after the company predicted losses totalling 300 million euros over the next five years and asked tax payers to pick up much of the cost.
19 June 2018
Renault buys 75% stake in fleet-management startup
Renault SA’s finance arm RCI Bank and Services has bought a 75% stake in iCabbi, a startup that focuses on dispatch management for taxi fleets. Ireland-based iCabbi’s software allows fleet managers to calculate the most efficient routes for their drivers in real time. It is used by 70,000 drivers across the U.K., the U.S. and Canada, Renault said.
13 June 2018
Toyota invests $1 billion in Grab
Toyota is making its largest bet to date on ride-hailing with a $1 billion investment in Singapore’s Grab. The Japanese automaker’s investment values Grab, Southeast Asia’s largest ride-hailing service, at just over $10 billion
12 June 2018
Geotab acquires FleetCarma
GeoTab has acquired the clean-tech solution provider FleetCarma. Specializing in Electric Vehicle (EV) telematics, FleetCarma is a forerunner in the electric vehicle industry, providing technology that has been critical to the adoption and operation of EVs for over 10 years.
12 June 2018
Uber partnership with fleetcor to deliver Uber Freight fuel cardComdata also involved it the scheme. FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of commercial payment solutions, today announced a partnership with Uber Freight, as part of Uber Freight’s new Uber Freight Plus program, that provides eligible Uber Freight app users discounts and savings on fuel, maintenance, and tires. The Uber Freight Fuel Card is powered by Comdata, a FLEETCOR company and leader in payment innovation.
11 June 2018
Trackunit (DK) acquires Satrak (UK)
Satrak, a provider of security tracking and telematics products designed for both commercial vehicles and mobile plant focused on the construction sector, has been acquired by the Danish Trackunit in a multimillion-pound deal. Satrak has 23,000 units fitted to vehicles and construction plant throughout the UK.
9 June 2018
Freightliner launches two new electric trucks
Freightliner is the Daimler truck brand in the US and the best selling HGV brand. The eCascadia has up to 730 peak horsepower. The batteries provide 550 Kwh usable capacity, a range of up to 250 miles and have the ability to charge up to 80 percent (providing a range of 200 miles) in about 90 minutes. The Class 8 tractor is designed for local and regional distribution and drayage. The eM2 has up to 480 peak horsepower. The batteries provide 325 Kwh of usable capacity, a range of up to 230 miles and have the ability to charge up to 80 percent (providing a range of 184 miles) in about 60 minutes. The eM2 is Freightliner’s electrified solution for local distribution, pickup and delivery, food and beverage delivery, and last-mile logistics applications. The announcement comes as Daimler Trucks North America (DTNA) explores proprietary solutions to meet the most promising target applications for electrified commercial vehicles, with the goal of starting production in 2021.
8 June 2018
Lyft re-organises its app to encourage more shared rides
The name Lyft Line is also being dropped in favour of simply ‘shared ride’. Pooled journeys on ride hailing apps are a core component behind the growth of car pooling more generally.
7 June 2018
Ford establishes fleet vehicle data unit
Ford Motor Co has established a connected-vehicle business unit called Ford Commercial Solultions to serve secure data about commercial and police fleets as port of its cloud-based mobility initiative. Ford has also signed agreements with Geotab and Spireon, and will continue its existing relationship with Verizon Connect.
7 June 2018
WEX and Shell team up for commercial fleet cards
Corporate payment solutions company WEX, is collaborating with Shell to offer commercial fleet cards in the U.S. and Canada. Starting Aug. 1 of this year, the cards will be available for use by trucking operations.
5 June 2018
Omnitracs to join Verisk Data Exchange
Verisk, a leading data analytics provider, has announced a strategic alliance with Omnitracs, a global fleet management solutions company in the transportation and logistics industries. As the first large-fleet commercial telematics service provider to align with Verisk, Omnitracs will now offer its subscribers the ability to contribute data to the Verisk Data Exchange™ and apply analytics to the operational safety of their connected fleets.
31 May 2018
The Australian National Transport Commission (NTC) designs best-practice model for telematics
The National Transport Commission (NTC) is set to work with industry to design a best-practice model for regulatory telematics in heavy vehicles to improve safety, productivity and compliance.
30 May 2018
Daimler invests in Taxify
Daimler has taken a stake in Taxify in a funding round that values the Estonian ride-booking group at more than $1bn. Taxify has raised more than $175m as it aims to expand beyond its network of 40 cities in Europe and Africa. Following the deal, Daimler may roll the service into its moves app. That would increase Taxify’s customers base by a quarter to 12.5m, according to one person familiar with the German carmaker’s thinking (source:FT).
14 May 2018
BMW launches P2P sharing for Mini owners in Spain
The new scheme will allow Mini owners to share their car with a select group of up to 10 friends or colleagues. Each car will be either pre-installed or retrofitted with sharing technology, enabling keyless access via the user’s smartphone. The initial trial will involve a fleet of around 500 vehicles, however BMW has long spoken of its desire to integrate mobility technology and services, such as P2P sharing, into new vehicles as standard. The Mini is also widely used on its two sharing platforms, DriveNow and ReachNow.
2 May 2018
Ford to launch all-electric vehicles for ride-hailing services in China
Ford is setting up a joint-venture with Zotye, to offer a “range of stylish and affordable all-electric vehicles under a new indigenous brand” that will be focused on “customized all-electric vehicle solutions to fleet operators and drivers in China’s fast-growing ride-hailing market.”
30 April 2018
Didi and VW plan ride-hailing venture in China
Volkswagen AG and ride-hailing giant Didi Chuxing say they are closing in on a joint venture to share technology and develop mobility services in China.
30 April 2018
Avis adds 11,000 connected cars to its fleet with Groupe PSA
Avis Budget Group adds 6,000 Peugeot, Citroen and DS vehicles to its connected car rental fleet in Europe, with an addition of 5,000 cars expected later this year. Avis now has more than 100,000 connected cars globally and plans to operate a fully connected global fleet by 2020.
27 April 2018
Free2Move Lease launches Connect Fleet telematics product
Free2Move Lease, the PSA Group’s multi-brand leasing and finance business, has launched Free2Move Connect Fleet telematics solution. The new product gives fleet operators the position of vehicles in the fleet, their direction of travel and where they have been already.
27 April 2018
Renault Trucks launch first LCV OEM telematics system
Renault Trucks has announced the launch of the first LCV OEM telematics system – ‘Renault Trucks Vantelligence, powered by Verilocation’, a new, turn-key fleet management programme, specifically designed to provide operators with the same levels of data and fleet performance for LCV vehicles as HGVs
27 April 2018
After mergers, Verizon Connect is already cross-selling products from Verizon Telematics, Fleetmatics and TelogisVerizon Connect (Verizon Telematics, Fleetmatics and Telogis) represents the culmination of more than $5 billion in investment. The company offers a “one-stop shop” for fleets and has presence across 15 countries.
23 April 2018
Lyft and LeasePlan USA partner to offer Fleet and Ride hailing integration
Lyft wants to link corporate clients to fleet and expense management services. Fleet drivers using LeasePlan will be able to use automobiles booked through Lyft when their own vehicles are in service, while companies can automatically manage the expense of this process.
17 April 2018
Azuga to expand after acquisition by SEP
Connected vehicle and fleet management company Azuga plans to grow following an acquisition by Sumeru Equity Partners. Founded in 2012, Azuga has some 3,000 customers.
16 April 2018
Mercedes-Benz to compete in the telematics and fleet management service space with Mercedes PRO
Mercedes PRO connect is designed to provide simpler fleet management and communication between fleet manager and drivers. It includes a docket of vehicle management tools for the fleet and a downloadable driver app. The service will be launched later in 2018.
13 April 2018
TomTom offers The Driving Doctor behaviour productsTomTom Telematics is offering driver behaviour solutions developed by The Driving Doctor to its customers and resellers. The partnership is expected to bring new business opportunities in the fleet and insurance sectors to both companies. The Driving Doctor’s SaaS (software as a service) uses driver behaviour data from OptiDrive 360, a feature of the TomTom Telematics Webfleet fleet management platform that helps drivers improve their performance.
Octo’s top execs buy 20 percent stake from Renova
Octo’s top executive and chairman agreed to buy a 20 percent share from controlling shareholder Renova, in order to resolve issues deriving from the imposition of sanctions on the Russian Group. Renova share goes to 48,55 percent from 68,5 percent. Another large shareholder is Pamplona Capital Management with 26,5 percent stake
12 April 2018
Russia sanctions could delay Octo Telematics IPO
Octo Telematics has put a planned IPO on hold after sanctions were imposed in its indirect controlling shareholder, Viktor Vekselberg. The US imposed major sanctions last week against Wekselberg and other Russian oligarchs. Octo Telematics is controlled by Russian investment group Renova, which in turn is owned by Vekselberg. Private equity group Pamplona Capital Management is also a shareholder in Octo Telematics. Octo plans to sell 35-40 percent of share to Italian and foreign institutional investors, targeting an enterprise value of 1,2 billion euros.
9 April 2018
UTA partners with Daimler owned MyTaxi to provide bespoke fuel card solution
UTA has partnered with Daimler owned MyTaxi to offer drivers a dedicated fuel card solution in a move similar to Uber’s partnership with Fleetcor in the US. Following a three month trial, the fuel card is now available to drivers in Germany across the UTA network.
4 April 2018
Waze car pooling, WazePool, expands to Washington state
In addition to helping people navigate around traffic jams, Waze wants to coordinate shared rides. The Alphabet unit launched Waze Carpool in 2017, but so far the service has only been available in California, Texas, and Israel. Now it’s expanding to Washington state.
Waze Carpool connects people in need of a ride with drivers willing to carry passengers. It may seem like Waze’s answer to Uber and Lyft, but there is one crucial difference. Waze doesn’t make any money off the rides; it just charges riders what the app calculates is fair to cover gas.
The expansion to Washington comes after a recent app update that added new features to the service. Users can now select who they will ride with based on star ratings, profile information, and connections to friends or workplaces. Riders can also filter by gender or choose to ride with coworkers only.
3 April 2018
China’s Meituan-Dianping explores launching a ride hailing service
China’s Groupon equivalent Meituan-Dianping has rolled out its own ride-sharing service, as the implementation of stringent regulatory requirements during the past few months shook up major players in the sector.
Meituan-Dianping is currently testing the service in Nanjing city, where users can order rides within the mobile app, in addition to receiving peer review and group-buying deals for restaurants, hotels, entertainment, short-distance travel and other local services.
The company is still deliberating on how best to serve its users in this category. It may consider recruiting its own drivers or partnering with existing ride-hailing platforms. It is reportedly in the process to apply for an online ride-sharing license, a necessity under a national ride-sharing regulatory overhaul.
2 April 2018
Alibaba mapping unit, AutoNavi, launches own car pooling service
The move has been seen as bringing competition to Didi Chuxing, which also has a pooling service within its core ride hailing business. However, the option is also very similar to Waze Car Pool, which has been operating in several US states and Israel since 2016 and continues to expand. AutoNavi’s car pooling business will begin in Chengdu and Wuhan initially with plans to roll out nationally later on.
29 March 2018
BMW and Daimler secure agreement to combine mobility services
The agreement covers more than just car sharing, where both companies were among the first OEM movers have are responsible for two of the largest schemes in the world; Car2Go and DriveNow/ReachNow. The agreement will cover ride hailing parking, electric vehicle charging and multimobility. Each company will hold a 50% stake in the new, yet to be named, JV.
27 March 2018
Ryder launches commercial vehicle ‘sharing’ platform
Fleet management and vehicle leasing conglomerate Ryder System is rolling out of what it calls an “asset sharing platform” called COOP by Ryder. Ryder said its new digital platform offers businesses the opportunity to list and rent underutilized commercial vehicles within a network of trusted peers. Per Ryder estimate, a 26-ft straight truck traveling 100 miles per day can generate lenders up to $3,300 per month.
21 March 2018
The flow launches FloowDrive to open up telematics market
Global telematics company The Floow has launched a production-ready telematics platform, FloowDrive, giving insurance companies, fleet operators and auto manufacturers access to the telematics market. They claim the telematics market grew 26% in 2017 to 17.4 million policies worldwide.
20 March 2018
Octo Telematics partners with RCI Bank & Services, Renault
Octo’s telematics services and data analytics will be used by RCI Bank and services, Group Renault’s global finance company, to “enhance customer relationships and loyalty”. As part of its sales process, RCI Bank and Services will offer customers the option to include an Octo device in their car to make their vehicle uniquely tailored to them and their driving style. Octo will use its market-leading big data analytics to develop a complete profile of each driver and vehicle. This profile will include a driving score which measures each motorist’s unique style, as well as monitoring the condition of the vehicle. This will allow RCI Bank and Services to provide made-to-measure services based on each driver’s driving profile.
12 March 2018
Avis Budget Group Moves Closer to a fully Connected Fleet with New Toyota Partnership
Avis Budget Group has reached a multi-year deal that will add 10,000 Toyota vehicles to Avis Car Rental’s expanding fleet of connected vehicles. The benefits promised to customers are enhanced and more personalised experience, while improving informatics, fleet management and operational efficiency for Avis. Since the Avis mobile app’s transformative launch in July 2016, usage has grown to over one million transactions from more than 350,000 unique customers. Avis Budget Group has committed to operating a fully connected global fleet by 2020, and will have 100,000 fully connected cars in the United States this year.
5 March 2018
Verizon integrated three business entities under the name Verizon Connect
Verizon has launched Verizon Connect, combining three fleet and mobile workforce management software companies ( Verizon Telematics, Fleetmatics and Telogis) under a single brand. Verizon Connect is the culmination of more than $5 billion in investments.
5 March 2018
Video telematics provider Lytx adds 300,000 subscriptions in last three years
Lytx became the first company in the history of video telematics to sell 300,000 new subscriptions over a three-year period. The company has now reached half a million total subscription, more than any other video telematics company in the world, and has over 3,000 clients.
1 March 2018
Total launches eWallet smartphone based fuel payments in partnership with Worldline
In collaboration with Worldline, leading fuel card provider Total has launched eWallet, a 100% digital and connected solution to enable customers to fill up and pay for purchases through their smartphone. Using their on device, drivers will be able to select and pay for fuel without the need for cash or a payment card. This follows similar product launches from both Shell and BP, who each have a smartphone based fuel payment solution of their own.
28 February 2018
E-ZPass Group partners with Verdeva to deliver in-vehicle payments via the RFID tag
Boston based financial and consumer services firm Verdeva has struck a partnership with the E-ZPass group to bring in-vehicle payment solutions to the North-East network via the RFID toll tag. As a result of the deal, drivers will soon be able to pay for dive-thru services using their E-ZPass tag, which will be linked to the driver’s existing payment card. Funds will be taken from a separate account, thereby not taking funds from the driver’s tolling account. According to early statements, driver-thru convenience and fuel will form part of the acceptance network. Similar schemes have existed in Europe for many years using utilising the various DSRC tags in operation. Drivers in Portugal, for example, are able to pay for fuel, parking and McDonalds at various accepting locations. Drivers in Italy have access to a range of similar in-vehicle payment solutions through the Telepass DSRC device.
15 February 2018
LoJack Italia chosen as telematics supplier for ALD Automotive Italy
LoJack Italia, a wholly-owned subsidiary of CalAmp and a leader in stolen vehicle recovery and innovative automotive services, announced today that it has entered into an agreement with European fleet management and long-term lease leader ALD Automotive Italia, making LoJack Italia the primary supplier of telematics solutions to ALD customers in Italy with a planned future rollout throughout Europe.
13 February 2018
Arval announces extended partnership with OEMs and launches five new products amid 7% growth in fleet size
Arval, BNP Paribas’ vehicle leasing division, grew its serviced fleet over 7% in 2017, reaching 1.1m vehicles. Operating income for the division was stable at €1bn, operating expenses grew 8,1% to €1.6bn. The group attributed this in part to investment in digitalisation, mainly concerning online fleet management. Arval’s results were driven by double digit fleet growth across virtually all markets, including the core regions of France (+5%), Spain (+15%) and Italy (+10%). The company also launched a subsidiary in Norway during the last quarter of the year, with the aim of growing the local fleet to 2,000 vehicles by 2020.
Arval unveiled 5 new products, covering car sharing and electric vehicle developments, including a partnership for electric vehicles with Renault-Nissan. The program will launch in France and subsequently in 13 other countries, including the UK.
12 February 2018
LeasePlan betting big on mobility/car as a service model to deliver future growth
Reporting a strong rise in earnings, LeasePlan has declared that it wants to “lead the trend from car ownership to car usership”, for both new and used cars via a subscription model. Over the last year, total revenues have climbed to €9.36 billion, with an net profit of €466.6 million; up 9.7% on the year before. LeasePlan has consistently been one of the leading leasers when it comes to embracing new business models based around mobility as a service and vehicle connectivity. Along with committing to connecting all of its vehicles, LeasePlan has also launched separate car sharing and mobility payments schemes, often in partnership with third party providers. The company now manages over 1.7 million cars across 32 countries.
1 February 2018
BP launches new smartphone based payment system for fuel
BPme is initially a consumer targeted product and will be rolled out across 500 BP stations in the UK. Individuals can link their existing Visa, MasterCard, AMEX or PayPal to a new BP account – crucially therefore, the new system represents a change only in the customer experience and does change the fundamental payment infrastructure. Shell has already introduced a similar system, Full Up & Go, also in the UK also in partnership with PayPal. As we have explored in our Connected Fleet Services Study, there are far more innovative and, potentially, groundbreaking trials taking place involving companies such as BMW, Total, DKV and Zahlz.
24 January 2018
Verizon expands further into Europe through acquisition of Movildata International
Movildata International is a Spanish based telematics service provider specialising in the heavy truck and van sector with approximately 30,000 devices installed. As well as installing its own devices, Movildata International also enables integration of existing GPS hardware. The deal continues Verizon’s strategy of acquiring to deliver growth and adds an on the ground presence in one of Europe’s most promising markets. Spain also has a large network of tolled roads generating almost €2 billion per year in revenues and has been one of the first countries to accept EETS devices.
23 January 2018
UTA grows market presence in Eastern Europe
Union Tank Eckstein (UTA) has acquired a 51% stake in Times Card SP, which acts as the primary issuer of UTA cards across Poland, the Baltic states and Ukraine. The move may be in response to both the opportunities presented in these under-penetrated markets, as well as the growth of competitors such as Eurowag, which has a strong presence in these markets.
11 January 2018
Didi Chuxing acquires control of Brazil’s 99 Taxi app & plans expansion into Mexico
The deal values 99 Taxi at over $1 billion. Didi is now valued at $56 billion, potentially placing it above Uber, depending on which valuation is used.
19 December 2017
Mobility payment cards Modalizy and XXImo begin to offer DriveNow services
Consequently, Modalizy and XXImo customers can use their mobility cards to use any of the 310 DriveNow vehicles available in Brussels to get from A to B in the Belgian capital, and to Brussels Airport just outside the city.
22 November 2017
Donlen latest leasing company to begin push towards mobility as a service
Donlen has embraced mobility as a service for some commercial fleets, and has set up an internal team to offer car sharing, ride-hailing, short-term vehicle rentals, and other products. The company is pulling closer to its corporate parent, Hertz Global Holdings, to position itself to meet these emerging mobility trends.
In the past few months, Donlen has begun laying the groundwork to enhance its mobility services. In June, the company appointed John Korte as vice president of mobility business development. He had served in a client relations role. At the same time, the company set up a mobility team under Korte that includes associates from sales, product, customer service and consulting functions. Donlen is also looking to develop technology partnerships with third-party providers of solutions that provide greater mobility options to fleets, including potentially developing mobile apps that would allow corporations to reserve vehicles for shorter term use.
26 October 2017
Daimler launches new electric truck
Daimler has a new all-electric semi truck that it revealed at this year’s Tokyo Motor Show, with a range of around 220 miles on a single charge and a heavy-duty towing capacity of around 11 tons, or just two tons less than its diesel equivalent.
The Vision One packs in batteries with storage capacity of up to 300 kilowatt hours, and that 220 miles of range allow for short haul trips between relatively closely spaced cities – not suitable for long haul, of focuses, but more flexible in terms of carrying large loads over medium distances.
The E-FUSO brand is also a new sub-brand of Daimler’s Mitsubishi trucking unit, which will lie alongside FUSO but focus on its all-electric ambitions and aim of delivering a purely electric version of all the trucks across its range. Mitsubishi Fuso Truck and Bus co. notes that it’s the first vehicle maker of its kind to have a brand dedicated to EV buses and trucks.
This truck debut comes after FUSO has started to deploy its eCanter light duty truck to its first commercial customers, and just ahead of the debut of a Tesla’s electric heavy-duty transport truck, which is set to be unveiled next month at a special event.
Tesla’s truck is reported to have a range of between 200 and 300 miles, which could put it right tin line with the new E-FUSO Vision One. This is definitely a shot across the bow of Tesla’s trucking ambitions, though we’ll have to see what Elon Musk’s company will be demonstrating in terms of additional features, including perhaps autonomous capabilities, that it thinks will set its offering apart.
23 October 2017
LeasePlan partner with TomTom Telematics to offer Webfleet telematics
Under the service agreement, LeasePlan customers will be able to access TomTom’s advanced cloud-based fleet management and connected car solutions, including WEBFLEET. These solutions – all of which support customer compliance with the latest data privacy legislation – help corporate fleet and mobility managers improve performance by providing real-time data on key fleet metrics. For drivers, car connectivity will deliver smarter mobility solutions which enhance the overall driving experience, improve efficiency on the road and make life easier.
LeasePlan will also leverage TomTom’s cloud-based telematics service platform, enabling the company to further optimize the performance of its fleet management activities in key areas such as vehicle maintenance and contract management. The announcement supports LeasePlan’s strategy to connect all of its vehicles by 2020. TomTom has been a partner of LeasePlan for some time, albeit on a white labelled basis up until now. Octo is also a partner on this basis.
8 October 2017
FR8Star partners with Comdata to offer instant loads payment
Payment system for hailers booking and delivering loads via FR8star’s website.
4 October 2017
Volkswagen Financial Services launches fuel + EV charging card in partnership with UTA
The expansion of the charging infrastructure for electric vehicles in Germany is carried out by various suppliers and power suppliers. In order to simplify the possibilities for payment at the individual charging stations, Volkswagen Financial Services has developed the Charge & Fuel Card and integrated it into the market, which now also incorporates the charging facilities of chargeIT mobility.
The Charge & Fuel Card, including the Charge & Fuel App, combines all the advantages of a classic fuel card with the possibility of charging electricity. As a result, around 4,000 publicly available charging points are available to customers throughout Germany. This includes now about 500 charging points of chargeIT mobility. The charging network for the users of the Charge & Fuel Card is being expanded step by step.
3 October 2017
TomTom to power Michelin’s mobile app for truck routing
TomTom (TOM2) today announced that it has been selected to power MICHELIN’s new mobile application for truck drivers called MICHELIN RoadConnect. TomTom’s online services and map data will be used to help drivers find suitable routes and provide estimated journey times. MICHELIN RoadConnect, available on Android (and iOS before the end of 2017), gives truck drivers information about their current route as well as important stops along the way.
26 September 2017
BMW introduces plans for wireless charging
The base plate will charge the vehicle in roughly 3.5 hours with the iDrive system directing the driver onto the plate. It will be purchased separately to the car via the dealership.
22 September 2017
CalAmp takes minority stake in telematics services and smartphone-based fuel payments provider ThinxNet
Building on an existing device supply partnership, telematics technology provider CalAmp has taken a minority stake in German connected car services supplier ThinxNet. As a supplier of telematics hardware to the usage-based insurance and telematics industries, this investment represents a clear move from CalAmp into services provision. ThinxNet’s core product, TankTaler is an OBD and smartphone based product aimed at the consumer segment which enables basic diagnostics and fuel efficiency reporting as well as smartphone based fuel payments across Germany.
13 September 2017
T-Mobile to begin offering low cost OBD cloud-based fleet telematics in partnership with Geotab
Under the brand SyncUP, T-Mobile will begin offering a fleet telematics service priced at only $3 per month plus an initial $25 SIM starter kit. Unlimited data for the device will also be offered at $15 per month. The SyncUP platform will be powered by a Geotab OBD device and back office software, which can then be accessed via ant smartphone, tablet or desktop. The plan includes 200 MB of roaming and unlimited data at 512 kbps. The solution is said to be targeted at commercial vehicles of all sizes and will be ELD compliant.
25 August 2017
Element leasing to offer maintenance and repair scheduling through mobile app
Element Fleet Management has begun offering maintenance scheduling through its Xcelerate for Drivers website and mobile app with Firestone Complete Auto Care (FCAC), Tires Plus, and windshield repair scheduling with Safelite AutoGlass locations. The announcement means drivers can schedule maintenance service from their mobile device, according to the fleet management company. Drivers now can access a map of national account suppliers to reduce operating costs.
21 August 2017
WABCO announces plans to acquire Indian fleet telematics supplier AssetTrackr
While no financial details have been disclosed, WABCO has confirmed that it will acquire 100% of AssetTrackr shares and it looks to push into the Indian market. Currently, fewer than 2% off commercial vehicles in India are thought to be equipped with telematics solutions, leaving plenty of room for growth in future. This follows WABCO’s 2014 acquisition of Transics – a leader in telematics for heavier trucks in Europe. WABCO is known to be working on a closer integration of its own diagnostics capabilities with Transics’ telematics solution in order to provide a more sophisticated offering than competitors, albeit with a higher typical ARPU – it is unclear at this stage whether the company will pursue a similar approach in India.
18 August 2017
Further rumours of a potential merger between BMW’s DriveNow and Daimler’s Car2Go
According to reports, the BMW owned car sharing service is valued at €960 million and could merge with its larger rival, Daimler’s Car2Go. DriveNow has almost 1 million registered users spend across 8 European countries. Car2Go has reached 2.7 million members spread across Europe, North America and China and continues to grow at a rapid pace. DriveNow has arguably been the more dynamic of the two with the launch of ride hailing and fleet sharing services, although largely through its sister platform, ReachNow, which is based in the US. While there is undoubtedly a lot of direct competition between the platforms in individual cities, there are plenty of areas where both can bring value and strength in complimentary markets to the other.
9 August 2017
China’s Didi Chuxing invests in Uber Middle East rival Careem
In yet another challenge to Uber’s global leadership in the ride hailing space, its once fierce competitor, China’s Didi Chuxing, has announced a strategic investment in Middle-Eastern operator Careem. Didi ultimately prevailed in its short but costly battle with Uber in China and is now said to have over 400 million subscribers and 20 million trips per day. Careem has grown rapidly across the Middle East and Africa region and has grand plans to expand and fill the void left by either inadequate or non-existent public transport. The platform now has more than 6 million registered users, 100,000 drivers and a valuation in excess of $1 billion. In addition to this investment, Didi Chuxing also has a stake in Uber’s main US competitor Lyft, Latin America’s 99 and South East Asia’s Grab. Of course Uber and Didi also have shares in each other following Uber’s withdrawal form China in 2016.
8 August 2017
Japan’s Softbank considering investment in either Uber or Lyft
The technology and investment giant has already invested in ride hailing services including China’s Didi Chuxing and South-East Asian operator Grab. An investment in either firm would be of high symbolic importance. If Uber were to receive investment then it would be a welcome reminder of the strength of the company following a recent spate of disastrous PR and the loss of almost all C-level board members. An investment in Lyft would be equally significant given that they are Uber’s only real national competitor in arguably the world’s most important ride hailing market.
3 August 2017
Bosch launches online booking platform for secure truck parking in Europe
The Europe-wide booking platform Bosch Secure Truck Parking helps in the search for a suitable parking space and will enable better route planning, taking into account rest stops and hours driven. Following in-house testing, Bosch has launched an online platform that will allow truck drivers to view available secure parking in real-time. Drivers and fleet managers will be able to reserve spaces either in advance on during their journey, also via the online/smartphone platform.
29 July 2017
Azuga and Allstate partner to deliver geolocated roadside assistance service to fleets
Azuga will offer Allstate’s Signature Motor Club RSA service via the Azuga FleetMobile App. Geolocation of the vehicle will be provided by the Azuga OBD dongle and sent wirelessly to the RSA provider. There is no information on whether the app will also deliver diagnostics information from the device.
17 July 2017
Daimler’s Car2Go adopts concierge fuelling service for non-electric fleet
In a further effort to maintain market share in the fiercely competitive US market for car sharing, the world’s largest operator, Car2Go, has launched a mobile re-fuelling service with California based start-up Filld. Typically, Car2Go cars come equipped with a fuel card, which enables users to re-fuel the car when required. The new partnership with Filled with remove this need by enabling mobile fuelling, ensuring that all Car2Go vehicles are fully fuelled as and when required. The move also enables Car2Go to maintain much greater control over the price of fuel as users have no incentive to shop around for the lowest gas price. The partnership between Car2Go and Filld is currently operating in Seattle and Vancouver and is expected to be launched in Portland (OR) later this year. It is no coincidence that these three cities are among the largest markets for car sharing in the US with other players such as ReachNow, Zipcar and Communauto also vying for market share.
15 July 2017
Peterbilt partners with self-driving startup Embark to deliver driverless truck
Embark originally built its test prototype on a Peterbilt 579 truck, therefore a formal partnership with the PACCAR owned brand represents a practical next step. Peterbilt will be building the new test trucks for Embark’s fleet custom at its Denton, Texas factory, in order to help better tailor them to the startup’s needs. The Peterbilt/Embark partnership is yet another joint venture designed to accelerate the adoption of autonomous technologies among heavy class vehicles. Earlier this year, Otto (which is owned by Uber) took part in a driverless trial using a Volvo truck along more than 100 miles of interstate in Colorado.
4 July 2017
Volkswagen Financial Services accelerates the move from vehicle to mobility services
While other leasing companies have been working on such solutions behind the scenes, Volkswagen Financial Services has announced ambitious plans to move from total cost of ownership (TCO) services built around the car to a total cost of mobility (TCM) proposition. Volkswagen’s plans to deliver TCM involve integrating telematics data with transport management tools, which could also involve hotel bookings, parking payments, car sharing/ride hailing services etc. Volkswagen is not the first to envisage a fully integrated mobility management tool such as this, however, as one of the largest leasing providers in Europe it has the potential to accelerate broader developments in the market. As one of the last large leasing companies to launch an own brand telematics product one could argue that Volkswagen is in fact behind competitors such as Alphabet, Arval and LeasePlan. However, given the financial backing of the world’s largest automaker Volkswagen could well lead a renovation of the marketplace as it has suggested.
1 February 2017
Uber announces partnership with Daimler to develop driverless cars
In the latest of an ongoing stream of news concerning automakers and mobility services, Uber has announced that Daimler will operate their own driverless cars on the Uber ride hailing network. Daimler already operates the world’s largest car sharing network and has already either invested or acquired multiple ride hailing providers including MyTaxi, RideScout (both acquired) and Hailo (investment). By partnering with Uber, Daimler has arguably positioned itself as the most powerful OEM in terms of mobility services, although others are fighting hard to catch up. See our latest blog for more…
31 January 2017
Daimler’s Car2Go responds to growth of ReachNow & Maven by introducing premium models
Since launching in Germany in 2008, Daimler’s Car2Go has grown ahead of its competition to become the largest car sharing scheme in the world, boasting over 2 million registered users and approximately 15,000 cars across Europe, China and the US. Until now, the service has been build around the marque’s distinctive Smart model, which was seen as well suited to urban environments in which the scheme operates. However, other OEMs – particularly GM and BMW – have begun to catch up, particularly in the US market, with the launch of Maven and ReachNow respectively. Unlike Car2Go, ReachNow and Maven have initially targeted the more premium segment of car sharing with models including the Mini, i3, Buick Regal and Cadillac ATS. Both have also launched in more affluent locations and residences in areas such as downtown New York, Brooklyn, Seattle, San Fransisco and Portland.
In response, Car2Go has announced the introduction of thousands of new Mercedes CLA and GLA sedans, which could even outnumber Smarts by the end of 2017. The move represents not only a gentrification of car sharing, but also an indication that the service has become a permanent means of mobility for urban dwellers, including families and businesses, rather than a niece option for single individuals.
19 January 2017
Latest funding round values BlaBlaCar at €1.4 billion and approaching 40 million users
In a very interesting article on the BBC, BlaBlaCar reveal that over 4 million people use the service every month, out of a total user base approaching 40 million around the world. The company claims that almost 1 in 5 people in France have registered to use the service, either as drivers or passengers – a figure supported by our car pooling projection within the Connected Mobility Global Forecast.
16 January 2017
Didi reignites war with Uber by investing in Brazilian competitor
Following Didi’s purchase of Uber China and apparent soothing of relations between the once fierce rivals, Didi has once again turned up the heat by leading a $100 million investment round in Brazil’s main competitor to Uber, 99. Formerly known as 99Taxis, 99 is seen as the ride hailing market leader in Sao Paolo and Rio de Janeiro and main competitor to Uber in the Brazilian market. 99 claims to have over 140,000 registered drivers and over 10 million registered users. Alongside the cash investment, Didi will provide technology, product development, operations and business planning expertise, including specific algorithmic capabilities. The deal is just another step in Didi’s clear strategy of extending beyond its core Chinese market by investing in Uber rivals. Didi also has a partnership with Lyft in the US, Ola in India and Grab in South-East Asia – each represents the largest competitor to Uber in their respective markets.
22 November 2016
BMW launches next generation of mobility solutions through US car sharing platform ReachNow, including direct challenge to Uber & Lyft
Following the withdrawal of DriveNow from San Francisco in 2015, BMWs relaunched, premium US car sharing service, ReachNow, has gone from strength to strength, attracting more than 40,000 users in Portland and Seattle. It has now been revealed that Brooklyn, NY has been selected as the third US city to host the service. The city will also act as a testbed for the introduction of a host of new mobility services, including a ride hailing service which will directly challenge existing heavyweights Uber and Lyft (both of which have partnerships with GM). The four new mobility services launched by BMW and ReachNow are entitled Ride, Fleet, Share and Reserve:
- Ridewill provide on-demand raise hailing along a similar model to Uber and Lyft, utilising ReachNow vehicles
- Fleetwill provide exclusive car sharing to residents within specific apartment blocks
- Sharewill allow owners of new Mini models to share their cars, utilising the ConnectedDrive telematics platform
- Reservewill directly challenge the car rental business by allowing users to reserve cars for longer periods for a fixed fee
5 November 2016
Toyota invests in US P2P car sharing platform Getaround
Toyota is the latest to make a bet on a mobility model espoused by a startup, with a strategic investment in SF-based car sharing provider Getaround. Toyota’s investment also comes with integration with Getaround’s platform on the technology and finance side, incentivizing Toyota car owners to participate. As part of the new strategic partnership, Toyota will offer new vehicles, beginning with premium Lexus cars, for rental via Getaround with completely keyless entry and driving via their smartphone. Then beginning in January 2017, Toyota’s financial services wing will let Toyota car lessees make payments on their vehicle directly from their Getaround earnings pool, eliminating a step between revenue generation and applying that to offsetting the cost of the car.
31 October 2016
GM partners with Uber to offer ride hailing partnership via Maven car sharing scheme
In an interesting move which spells bad news for Uber’s main competitor in the US, Lyft, General Motors has struck a partnerships with Uber to offer shared cars to their drivers. GM’s car sharing platform, Maven, which is rapidly expanding across the US, will make cars available to Uber drivers on a short term basis in San Francisco. The move is yet another example of Uber working with car sharing providers to make cars available to drivers looking for flexible solutions. Uber has other such partnerships with providers such as Zipcar and Singapore’s SMove. Earlier this year, GM invested $500 million in Lyft and has been pursuing a similar strategy based on making GM branded cars available to Lyft drivers with special leasing agreements. GM has also been working with Lyft to develop autonomous technology, however this deal raises questions over the long-term future of Lyft, which is estimated to have less than 15% market share in the US, compared to Uber, which has more than 80%.
24 October 2016
The world’s largest car sharing scheme reaches 2 million members
Launched in late 2008, Daimler’s Car2Go has grown quickly to become the world’s largest car sharing scheme in terms of both number of cars and number of users. With more than 14,500 vehicles spread over 10 countries and 3 continents, Car2Go is the undisputed leader of the global car sharing brands. Using bottom up figures from our recent Connected Mobility Global Forecast, we estimate that Car2Go has twice as many as the next largest global player, Zipcar (India’s Zoomcar also claims to have 1 million registered users, although we are currently unable to confirm this). Car2Go has also pioneered the one-way sharing model by negotiating parking partnerships and agreements with local authorities from Cologne to Chongqing. It is estimated that Car2Go’s membership has increased by 1 million in the last 21 months alone. More than 100,000 of these have come from China, where the company is the first of the global big 3 (Car2Go, Drive/ReachNow & Zipcar) to establish a base in the country. Daimler has projected revenues of €800 million from the service by 2020, although has refused to comment on whether Car2Go is currently profitable. BMW recently announced that its own sharing scheme, DriveNow, had become profitable following initial losses.
14 October 2016
Renault launches car sharing service for fleets
Having first presented the idea some time ago, Renault has confirmed the launch of Renault Mobility, a new car sharing scheme designed specifically for fleet vehicles. The platform will be delivered via a telematics device, which can be installed in any branded vehicle. The scheme will be operated by Renault’s leasing and finance arm, RCI Mobility, and will enable fleet managers to privately share their vehicles as well as expanding inter-company use. The move supports the growing trend towards fleetsharing, a concept derived from successful consumer car sharing schemes such as Zipcar, Car2Go and DriveNow. Alongside Renault, BMW has been offering the service via its own leasing arm, Alphabet, for a number of years, whereas other OEMs such as Ford and GM have begun exploring the concept for fleet use.
12 October 2016
Google’s Waze will install GSM beacons to ensure availability of service
Following the launch of its carpool and parking locator services, Google’s community based mobility app, Waze, has announced that it will begin installing GSM network beacons at various locations around the world in order to ensure users are able to access services in areas previously without coverage. In France, Waze has been working with motorway and tolling operator Sanef to install the beacons – several beacons will also be installed in Paris. The company’s decision to focus initially on France is a clear indication that Wazepool could soon be coming to Europe’s largest car pooling market, currently dominated by France’s most valuable start-up, BlaBlaCar, which has almost 10 million registered users in the country and over 35 million worldwide.
28 September 2016
Peugeot Citroen makes strategic investment in Canada’s Communauto as part of Free2Move mobility initiative
Playing catch-up with the likes of Ford, PSA has launched its own mobility services group, Free2Move, which will include car sharing, ‘smart services’, fleet management and leasing. While not everything about the new group is absolutely clear yet, car sharing is a key pillar. Adding to the already announced partnership with France’s Bollore, PSA has also made a strategic investment in Canada’s community based car sharing scheme, Communauto. The latter currently has in the region of 25,000 members across Eastern Canada, however we suspect the technology, rather than the brand is the driving force behind PSA’s interest. A base in Canada will also complement it’s planned activities with Bollore in California as the French Car maker seeks to re-establish itself in North America after an absence of more than 20 years.
17 September 2016
PSA joins the car sharing game with plans for Los Angeles scheme in partnership with Bollore Group
PSA has announced that it will begin offering car sharing services in Los Angeles, in partnership with France’s Bollore Group. The scheme will form part of PSA’s re-entry strategy into the North American market. The carmaker plans to use the scheme to extract data on driving patterns and car use, which it will use to better understand the specific market conditions. PSA also aims to generate €300 million in revenue from its new mobility services division by 2021. To put this in context, Daimler has plans to grow its car sharing platform, Car2Go, to €800 million in annual turnover by 2020 alone. The North American car sharing market is notoriously hard to crack. BMW, for example, was forced to withdraw it’s DriveNow scheme from San Francisco in late 2015 (the company has since successfully re-launched in Seattle and Portland under a new brand, ReachNow) and Hertz abandoned its 24/7 sharing model entirely in August of the same year. Working with Bollore however, may prove more successful for PSA. Bollore Group are an experienced car sharing operator with an existing scheme in Paris and plans for another in Singapore, in partnership with the Land Transport Authority. The two companies already co-operate at the manufacturing level.
Late to the game, Zipcar has finally launched its very first one-way sharing model in Brussels. Up to 250 Peugeot 208 models can now be rented and returned to any applicable parking space within 16 of Brussel’s 19 commune zones. This comes shortly after Zipcar also announced its 1 millionth member. Brussels also represents the 7th European country where Zipcar is now present, putting then on par with BMW’s DriveNow and Daimler’s Car2Go (both also 7). Zipcar however remains far behind both of these OEM platforms in terms of both number of cars and registered users across Europe. Each has also been offering one-way sharing for much longer than Zipcar and has reaped the benefits in terms of faster subscriber growth as a result.
As part of its ongoing expansion in the personal and corporate mobility market, Uber has signed a partnership agreement with peer-to-peer (P2P) platform DriveMyCar, which will allow potential Uber drivers to use peer rented cars on a flexible contract. Car sharing has seen a slow start in Australia compared to other developed markets, although the development of the P2P market has seen some interesting offerings such as Carhood, which focusses on renting individual’s cars from airports while they are away. The deal between Uber and DriveMyCar will see privately owned, as well as idle corporate vehicles made available to UberX drivers for a weekly fee. The service includes full insurance coverage (provided by DriveMyCar) and roadside assistance.
4 September 2016
Japan’s Orix concludes parking and car sharing partnership
Leasing, sharing, rental and fleet services leader Orix, has concluded a strategic partnership with parking provider Nokisaki. One of a large number of innovative new global parking start-ups, Nokisaki allows owners of un-used and available parking spaces in various locations to rent the space for a fee. As part of the partnership, Orix car sharing users will be eligible for a discount on spaces available through Nokisaki. The two will share data and make services available through their individual online platforms.
3 September 2016
Germany to introduce new laws to boost growth in car sharing
Already on of the largest markets for car sharing in the world, the German government will introduce new parking laws, a move likely to boost growth even further. It is estimated that there are already 4,400 parking spaces reserved for car shearing schemes across 284 German cities. This will grow significantly with the new legislation, expected tomb introduced by mid-2017. According to government figures, there are 16,100 vehicles and over 1.2 million registered car sharing users, however these numbers do not include peer-to-peer platforms, which are also growing at a rapid pace (for complete figures and a 2020 forecast see our connected mobility services report). The new laws do not come without restrictions however, with strict CO2 limits imposed on applicable vehicles. Such limits could initially benefit domestic champions such as Car2Go and DriveNow disproportionately due to their use of hybrid, electric and ultra-low emissions models. Other large providers such as Zipcar and Cambio use a more mixed fleet or small and large vehicles.
The P2P car pooling platform has seen impressive growth in India since launching in January 2015. The company now has plans to reach 4 million dies by the end of 2016. It’s last major funding round was conducted in September 2015, rain gin $200 million. This valued the company at $1.6 billion. Key to success in the Indian market has been a stronger focus on the mobile app and indeed smartphone access in general. In Europe, the service has taken much longer to embrace mobile over desktop use. The company’s focus on longer distance, pre-planned journeys means that it does not compete directly with other fast growing mobility providers such as Ola and Uber. Indeed, as elsewhere, BlaBlaCar sees public transport as its main competitor. BlaBlaCar in India has also been at the forefront of changes to the service such as the ability to select female only rides and mandated ID from all users.
19 August 2016
Volvo partnership and driverless technology acquisition mark busy week for Uber
In the last week, Uber has signed a deal with Volvo, with the aim of launching a fully autonomous service by 2021. This follows similar announcements by both Ford and BMW, who have each also committed to launching fully autonomous vehicles by the same date. Days later, the SanFrancisco based ride hailing giant announced the acquisition of driverless truck technology provider Otto, for an estimated $680 million in shares. Rather than a cash sum, Otto will receive a 1% stake in Uber, which was valued at approximately $68 billion after its last funding round. The 20% stake now held by Uber China in former rival Didi Chuxing is likely to add considerably to this valuation once Uber decides to launch an IPO, possibly within the next year.
12 August 2016
P2P car sharing startup, FlightCar, acquired by Mercedes
FlightCar follows a growing P2P business model whereby individual cars are rented out on a short term basis from airport car parks while the owner is on a trip. The company takes care of the rental, insurance and cleaning services. Rates depend on miles driven. The technology will now be incorporated into the Mercedes North America research and development division.
In a first of its kind development, Bosch has become the first tier 1 supplier to launch a direct to consumer mobility as a service scheme. Via the wholly owned ‘Coup’ app, Bosch has partnered with electric scooter manufacturer Gogoro. The initial fleet of 200 scooters will be installed across Berlin, which is fast becoming the world’s vehicle sharing capital. The world’s largest car sharing schemes, such as Car2Go and DriveNow, as well as major local players such as Flinkster, Cambio and Multicity, are all active in the city. Motorcycle sharing is not a new concept, however the decision by Bosch to launch its own consumer offering will put it in to direct competition with many of its OEM customers.
4 August 2016
BMW’s ReachNow car sharing expands service to Portland
Following BMW’s highly successful entry into the US car sharing market with ReachNow in Seattle, the company has decided to expand the one-way sharing service to neighbouring Portland. The city is already home to the #1 and #2 car sharing schemes in the world – Car2Go and Zipcar – so it is only right that #3 also enters the fray. Car2Go has a reported 45,000 members in Portland, which speaks to the appetite for car sharing given that the city has only 630,000 residents. The ReachNow model is based on a similar “free-floating” approach, which allows users to pick up and return the car to a different location. The Zipcar model continues to rely on a station based approach, whereby the car must be returned to the same location. BMW has benefitted from integrated car sharing technology, installed as part of the OEM’s ConnectedDrive telematics platform. Daimler, who are behind the Car2Go scheme, are not thought to have their own embedded technology platform and rely instead on aftermarket technology, similar to Zipcar.
28 July 2016
Uber launches corporate taxi service, UberCentral
UberCentral will allow business customers to request single or multiple cars on behalf of employees or clients, which will not require the passenger to have the app. Each ride will be billed to the corporate account. This will bring Uber into completion with new sections of the taxi market as it has hitherto focussed solely on individual transport solutions.
Renault Mobility, which will launch officially at the Paris Motor Show in October, is aimed at both private and business customers and will operate in partnership with RCI Banque and Renault’s network of dealerships. “With Renault MOBILITY, Renault offers a Renault brand vehicle or other, made easily accessible and available at any time. The aim is to meet all travel needs, from individuals to whole fleets, with flexible and adaptable solutions at the best price,” said Christophe Chevreton, Renault France director of the new mobility project. Renault aims to offer car sharing solutions to both individuals and fleets through its network of partners and dealerships. Renault MOBILITY will use technological solutions provided by RCI Mobility, a subsidiary of RCI Bank and Services.
21 July 2016
Tesla outlines plans to enter the car sharing market
As a core component of the eagerly awaited ‘Master Plan, Part Deux’, Tesla has revealed details of how it plans not only to enter the car sharing market, but how this will drive business strategy going forward. Read our latest blogon why car manufacturers should not fear Tesla’s new strategy for more information
The growth has been largely attributed to Uber’s position in the insatiable Chinese market. Indeed, 54 of the 147 rides which tied for the two billionth were in China. Of course this breakneck growth does mean that a billion rides would not be spread evenly over the six month period. However, for the sake of comparison, one billion rides over six months is roughly 5.5 million rides per day. Didi, Uber’s fierce rival in China, completes over 10 million rides per day and delivered more than 1.4 billion rides in 2015 alone.
Of course Didi is only active in China, although services are available in more than 400 cities. Uber is now available in 73 countries, over 450 cities and counting.
Juno was founded by technology entrepreneur Talmon Marco, who also founded messaging service Viper. The start-up is aiming to usurp Uber by taking a 10% commission on each ride, rather than Uber’s standard 20%, which can rise as high as 30% during surge periods. Juno also aims to treat its drivers better, thereby creating a better experience for passengers. The company has already attracted over 8,500 drivers in New York, where it will first launch, compared to Uber’s estimated 30,000.
Uber is facing increasing competition across all markets, ranging from Ola in India, Didi Chuxing in China, Grab across South-East Asia and Lyft (and others) in the US. Its treatment of drivers has always been a source of disaffection and controversy and will likely continue to be so for some time.
12 July 2016
Uber raises $1.15 billion from first high-yield loan
Uber has completed the raising of an initial leveraged loan, bringing in $1.15 billion in capital at a rate of roughly 5%. The loan was arranged with the help of four banks: Morgan Stanley, Barclays, Citigroup and Goldman Sachs. The deal will allow Uber to invest in its continued expansion without diluting existing shareholdings. This new deal raises the value of Uber to an estimated $68 billion. CEO Travis Kalanick has stated that it is unlikely Uber will go public for at least another 12 months.
Alongside the introduction of new services such as Uberpool and Ubercommute in established markets, Uber continues to expand into new markets ranging from Saudi Arabia to South Africa. The company remains stuck in fierce battles with Lyft and Didi Chuxing in the US and China respectively, both of which have also proven quite adept at raising massive funds.
Singapore authorities have appointed BlueSG, a subsidiary of Bollore, which runs the successful Autolib platform in France, to deliver the countries first on-way, all electric car sharing scheme. The operation will begin rollout in 2017 with an initial 125 cars and plans to number 1,000 cars by 2020 – the date at which Singapore’s next-generation, satellite based electronic road pricing programme will also begin. The cars will be powered by a planned 2,000 charging points and supported by parking spaces in 500 locations. The initial contract has been signed for a 10 year period. The scheme will allow for one-way charging, unlike existing car sharing options such as Smove, which has an estimated 15,000 users and 300 cars that can only be returned to the original location.
Bollore’s French programme, Autolib, is France’s most successful B2C car sharing scheme and has attracted over 130,000 users across almost 4,000 cars in operation.
23 June 2016
Car2Go to launch in Brussels this October
The world’s most popular car sharing scheme will begin by offering 250 of the recognised Smart fortwo cars, in addition to 50 Mercedes A-Class vehicles. Car2go now claims to have more than 1.9 million registered customers across a fleet of 14,000 vehicles. A rental is made somewhere in the globe every 1.5 seconds. See our global forecast for the growth in car sharing to 2020 here.
In order to satisfy regulators in Bangalore, a number of Uber cars will be required to install a meter, similar to those within typical taxis. The units will be installed in each car’s glove compartment and will be supplied by Pulsar Technologies. Drivers will also be required to hold enhanced local authority checks and a certificate concerning their car’s road worthiness. Uber vehicles will also be installed with a GPS enabled ‘panic button’, which will signal Uber HQ and the local authorities in case of emergency.
16 June 2016
Apple launches new Maps for iOS 10 that links to Didi and Uber
The new maps design enables third party developers to integrate their services, although the payments seem to be handled by Apple Pay – so within Maps you can book an Uber ride and pay for it with Apple Pay.
15 June 2016
Car2Go reaches 78,000 users in less than 2 months of operation in China
Car2Go has 400 vehicles in Chongqing, China. Since the launch, 40,000 rentals have been made. Despite only launching its first car in 2011, the Damiler owned company has more than 1.1 million members worldwide and plans to increase annual turnover to $800 million by 2020.
14 June 2016
Uber and Ola continuing to face legal challenges in India, but small competitor Meru growing fast
Meru currently has 1,200 cars across India on its books, although this pales in comparison with Uber and Ola. Meru is able to operate under the much less restrictive city taxi permit scheme because of its small size. The firm has no pooling capability as far as we know.
9 June 2016
Europcar/Ubeeqo acquires Spanish car sharing platform and tech provider Bluemove
Bluemove is a leader in B2C car sharing in Spain with over 47,000 users. The company has also developed its own technology platform that utilises smartphones for keyless entry and vehicle location etc. The move follows the entry into the Spanish market by Drivy, Car2Go and Zipcar, who add to a range of small, regional providers. BlaBlaCar is also well established in Spain.
8 June 2016
Uber and Fiat in discussions over self-driving cars partnership
Discussions are at a very early stage between the two – Uber is also in similar discussions with a number of other carmakers and has agreements with Tesla and Toyota.
25 May 2016
VW invests $300 million in Gett
The deal is designed to accelerate VWs move into ride sharing and autonomous vehicles. Get has now raised a total of $520 million in finding, well behind other ride hailing services such as Uber, Lyft and Didi. It is rumoured that Gett now has a valuation of $2 billion, but this is not confirmed. Get claims to have annual revenues of $500 million. Gett is available in 50 cities across the globe.
24 May 2016
Uber and Toyota sign strategic partnership
The new partnership includes an investment from Toyota in Uber and a deal on leasing, which will expand the financing programme, Uber Xchage.
11 May 2016
Uberpool now accounts for 20% of all Uber fares globally
Since launching in San Francisco only two years ago, Uber’s car pooling option has grown exponentially alongside other rival ride hailing pooling options such as GrabHitch and Lyft Line. We have forecast the growth of these services up to 2020 as part of out Connected Mobility Study, forecasting that the global car pooling market will be worth $30 billion by 2020.
10 May 2016
BMW launches new car sharing scheme, ReachNow, in Seattle
The move essentially represents a relaunch of the company’s existing car sharing scheme, DriveNow, which was previously in Seattle and other US locations before pulling out. ReachNow has attracted over 13,000 users in little over a month. There are currently 370 vehicles as part of the scheme.
28 April 2016
Drivy reports that number of rentals is doubling annually
Drivy has been at the forefront of connected P2P car sharing and has recently moved successfully into the German and Spanish markets, following significant success in France. The Spanish business is said to be growing at a rate of 200% per month. The company also recently acquired German company Autonetzer. Drivy has 850,000 users and 36,000 vehicles on its books. It claims over 1.4 million rental days to date.
25 April 2016
BMW to integrate car sharing technology into the Mini
This is yet another connected mobility offering from BMW, who are arguably now leading the way among the established OEMs. The leasing arm, Alphabet has already begun to integrate the car sharing technology used by DriveNow and ReachNow and offers it as part of its customer proposition. Alphabet will also use OEM data from the Mini as part of its fleet diagnostics offering.
14 March 2016
New partnership between TOTAL and DriveNow for fuel payments
The new partnership allows DriveNow customers to pay for fuel at participating TOTAL stations using the vehicles embedded connectivity and removes the need for a fuel card or separate payment method.
3 December 2015
Didi Chuxing, Lyft, Ola and GrabTaxi form global partnership to compete with Uber
The strategic partnership will aim to foster cooperation on technology and services. The partnership will allow users to use each other’s services via their own apps when travelling to different countries.