BMW, Daimler mobility to sell PARK NOW to EasyPark group

Industry:    2021-03-10

German carmakers BMW and Daimler said on Tuesday they want to sell their jointly owned parking-app business PARK NOW to Swedish rival EasyPark.

The app is part of a joint venture which was unveiled in early 2019, and has five strands including smartphone-based route management and booking service and an electric car charging service among others.

The terms of the deal were not disclosed.

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