Daimler and BMW to invest a billion euros in ride-hailing JV to compete with Uber

By Charles Morris The combination of autonomous vehicles and ride-hailing services is expected to be an extraordinarily disruptive development. Someday, providers of Transportation as a Service (TaaS) could be sitting atop the value chain, while traditional automakers end up as producers of a commodity product.
Automakers aren’t sitting idly by and waiting for the …read more

Source:: https://chargedevs.com/newswire/daimler-and-bmw-to-invest-a-billion-euros-in-ride-hailing-jv-to-compete-with-uber/