Info
Info

Groupe PSA fully acquires TravelCar to strengthen its position in the mobility space

News

Two years after its equity investment in the start-up, Groupe PSA is strengthening its expertise and reaffirming its strategy in new mobility solutions by acquiring TravelCar.

Info

TravelCar offers parking and car rental solutions. With 5,000 partner car parks and tens of thousands of cars available for rental, it has already attracted more than a million users in more than 60 countries. Its services are available via a single digital platform.

This new phase will enable TravelCar to speed up the dissemination and optimisation of its services. The TravelCar team will bring its agility and expertise to the Group and benefit from the significant opportunities and synergies generated with the Group's other operations.

“With a million users, TravelCar is a major success,” commented Brigitte Courtehoux, Senior Vice President, Connected Services and New Mobility Solutions at Groupe PSA. “Through this acquisition, we are stepping up our support for the company and demonstrating our commitment to developing an efficient, sustainable mobility services ecosystem.”

“We are proud and delighted to be able to write the next chapter of the company's history with Groupe PSA and all of the TravelCar teams,” said TravelCar's founder, Ahmed Mhiri. “We're also very excited about working on the many innovative solutions that such an alliance will enable us to offer our users.”


The Latest News, Brought To You By
Groupe PSA fully acquires TravelCar to strengthen its position in the mobility space
Modified on Friday 8th February 2019
Find all articles related to:
Groupe PSA fully acquires TravelCar to strengthen its position in the mobility space
TaaS Technology Magazine


Tuesday 4th - Wednesday 5th June 2019 @ The National Motorcycle Museum

Transportation-as-a-Service (TaaS) Technology will evolve in 2019 from the inaugural conference which took place in 2018, into two co-located conferences plus a shared exhibition. As per 2018 TaaS Technology will cover Connected and Autonomous Vehicles (CAVs) and Future Mobility. The new co-located conference will look at 'Energising Future Mobility' and will focus on the key topics surrounding Electric Vehicles (EVs), Battery/Energy Technology and Infrastructure.

Places will be limited, so register your place today: https://taas.technology
Info
C2A Security Completes $6.5 Million Series A Round To Develop In-vehicle Cybersecurity Solutions
IONITY Chooses SPIE To Develop Its Network Of EV Charging Stations Across Europe
Electrify America To Invest $300 Million As A Part Of ZEV Investment Plan
GM Acquires Minority Stake In British Connected Car Start-up Wejo
Mobility Pioneer MaaS Global Wins Future Unicorn Award
Moovit, TomTom And Microsoft Collaborate To Introduce A Multi-modal Trip Planner
Major Automotive, Wireless, And Tech Stakeholders Urge US FCC To Allow C-V2X In The 5.9 GHz Band
Daimler And TenneT Partner For A Pilot Project To Use Automotive Battery Storage Solutions To Stabilise The Grid
NVIDIA Collaborates With AdaCore To Enhance Software Security Onboard Autonomous Vehicles
Goodyear Collaborates With Local Motors To Test Tyres For The Olli Shuttle
Vulog Updates Its AiMA Mobility Platform
Fleetboard Acquires The Habbl Logistics Application, To Be Integrated Into Mercedes-Benz Trucks
UK Government Grants £6 Million To Support Charging Infrastructure For Taxis
Blockchain To Play A Big Role In The Future Of Mobility According To BMW
ABB Helps Establish BP’s Pilot DC Fast Charging Station In China
Israeli Cellular Operator ‘Pelephone’ To Partner With Enigmatos, An Automotive Cybersecurity Startup
Seat To Launch Its New Micromobility Concept At MWC This Month
ClipperCreek Launches Ruggedised High Power EV Charging Stations
Škoda Provides A Specific Outlook On The Brand’s Electric Future
Nissan LEAF E+ 3.ZERO Limited Edition Hits The Milestone Of 3,000 Pre-orders In Europe
AutoAir Launches 5G Test Bed At Millbrook
Honda Teases Fully Electric Vehicle Prototype To Be Unveiled At Geneva
Mando Tests Level 4 Autonomous Driving On Public Roads Of Pangyo
Alliance Ventures Invests In Chinese EV Charging Platform PowerShare
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info