24 Oct 18

Daimler and Geely create "premium Uber" in China

Daimler Mobility Services and Geely Group Company announced today that they will form a premium ride-hailing joint venture in China. The 50-50 joint venture will provide ride-hailing mobility services in several Chinese cities using premium vehicles including but not limited to Mercedes-Benz models.

The fleet initially will include Mercedes-Benz S-Class, E-Class and V-Class and Maybach vehicles and could be supplemented by premium electric vehicles of the Geely Group.

This is the first project to take shape since Li Shufu, chairman of Zhejiang Geely Holding Group Co. Ltd. and Volvo Cars, bought a 9.7 per cent stake in Daimler.

Authored by: Dieter Quartier