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 9th - Wednesday 10th July 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
Audi Launches Its Urban Mobility Concept AI:ME
Nullmax Receives Pre-Series A Round Of Industrial Financing
GAC New Energy Launches Its New SUV, The Aion LX
NIO ET Sedan Series Makes Its Debut At Auto Shanghai With ET Preview
EVgo Introduces Autocharge Technology On Its EV Charging Networking North America
ACEA Urges EU Policy Makers To Boost Investment In Charging Infrastructure
Nikola Showcases Five Zero-Emission Products At Nikola World
Huawei To Focus On Providing ICT Solutions For Automotive OEMs
Aston Martin Shows Off The Production Ready Rapide E At Auto Shanghai
HARMAN Delivers Infotainment, Cybersecurity And OTA Solutions For Great Wall Motor
Genesis Reveals The All Electric Mint Concept In New York
Kia HabaNiro Concept Launched In New York
Ambarella And Momenta Unveil HD Mapping Platform For Autonomous Vehicles
Ambarella And Shanghai OFilm Partner To Deliver An Automated Valet Parking Platform
Hyundai And H2 Energy Form JV To Tap Into Europe’s Hydrogen Mobility Ecosystem
Level Five Supplies Confirms Five New Distribution Agreements To Represent UK-specific And Pan-European Technology Developers
California DMV Proposes Regulations For Light-duty Autonomous Delivery Vehicles
Transparent Factory In Dresden Installs Flexible, Expandable Electric Charging Infrastructure
5GAA Tests Multi-vendor C-V2X Interoperability In Europe
Renault Explores Possibilities For Urban Last-mile Delivery With The EZ-FLEX
Infiniti QS Inspiration Concept Launched At Auto Shanghai
Aptiv Opens Autonomous Mobility Centre In China
The All-electric Renault City K-ZE Unveiled At The Auto Shanghai
Xpeng Motors Debuts The P7 Intelligent Electric Coupe
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