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BMW Group extends mobility use offer in China by rising a Ride-Hailing business formed in Chengdu

Munich. Today, a BMW Group announced a launch of
a Ride-Hailing use in Chengdu, a collateral city of a Chinese
range Sichuan as partial of a reward mobility code ReachNow. The
BMW Group is a initial unfamiliar association in China to obtain a permit to
work a Ride-Hailing service. By adding an additional premium
mobility choice to a existent Car-Sharing business in China, the
association seeks to serve enhance a mobility services offering.


“We are vehement to offer a new reward Ride-Hailing use in
Chengdu, one of a largest Ride-Hailing hubs in a universe embracing
mobility solutions for a tolerable civic future” pronounced Peter
Schwarzenbauer, member of a Board of Management of BMW AG,
obliged for MINI, Rolls-Royce, BMW Motorrad, Customer Engagement
and Digital Business Innovation BMW Group. “Half a swift of 200 BMW
5 Series are tolerable plug-in-hybrid vehicles and a highly
learned and lerned drivers will safeguard an sparkling reward mobility
experience,” he added.


The Ride-Hailing use will element a stream ReachNow
Car-Sharing business that was started in Chengdu in partnership with
EVCARD in Dec 2017 and runs a swift of 100 BMW i3 electric
vehicles. The new Ride-Hailing use offers an additional mobility
resolution for those who do not wish to get behind a circle themselves,
though would rather book a automobile with driver. Customers can use a BMW
ReachNow App to possibly pre-book or now book a Ride-Hailing service.


The BMW Group views a enlargement of mobility services as an
critical post of a Strategy NUMBER ONE NEXT. With service
offerings for on-demand mobility (DriveNow and ReachNow), parking
(ParkNow) and charging (ChargeNow), a BMW Group is substantiating a
holistic ecosystem for a many dire issues inspiring urban
mobility. The new business models daub into new patron groups and
respond to a final of a existent business who appreciate
individual, reward on-demand mobility accurately tailored to their requirements.


BMW Group expands footprint in China

The enlargement of mobility services in China represents one of
countless vital investments announced this year in China.


In 2018 a BMW Group has serve stretched a footprint and the
scale of a blurb success in China. The BMW Group announced
together with a partner Brilliance China Automotive Holdings Ltd.
(CBA) a early prolongation of a corner try agreement for BMW
Brilliance Automotive (BBA) and a serve deepening of a existing
successful collaboration. Furthermore, a BMW Group intends to
boost a interest in BBA from 50 percent to 75 percent. BBA will be
investing some-more than 3 billion euros in a plants in Shenyang over
a subsequent few years. In 2020 a initial fully-electric BMW – the
all-electric BMW iX3 – will be built in China and exported to markets
outward of China.


Additionally, a BMW Group has sealed an agreement with a Chinese
manufacturer Great Wall Motor to furnish electric MINI vehicles in
China by a mutual 50:50 corner venture. As good as electric MINI
vehicles, a “Spotlight Automotive Limited” corner venture
will also furnish electric vehicles for Great Wall Motor. The
investiture of a new association is theme to capitulation by the
applicable Chinese authorities and a finalisation of business
registration procedures.


If we have any queries, greatfully contact:


Corporate Communications


Christina Hepe, Corporate Communications

[email protected]
, Telephone: +49 89
382 38770


Mathias Schmidt, Head of Corporate and Culture Communications

[email protected]
, Telephone: +49 89 382-24544


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The BMW Group


With a 4 brands BMW, MINI, Rolls-Royce and BMW Motorrad, a BMW
Group is a world’s heading reward manufacturer of automobiles and
motorcycles and also provides reward financial and mobility services.
The BMW Group prolongation network comprises 30 prolongation and assembly
comforts in 14 countries; a association has a tellurian sales network in
some-more than 140 countries.

In 2017, a BMW Group sole over 2,463,500 newcomer vehicles and
some-more than 164,000 motorcycles worldwide. The distinction before taxation in the
financial year 2017 was € 10.655 billion on revenues amounting to
€ 98.678 billion. As of 31 Dec 2017, a BMW Group had a
workforce of 129,932 employees.

The success of a BMW Group has always been formed on long-term
meditative and obliged action. The association has therefore established
ecological and amicable sustainability via a value chain,
extensive product shortcoming and a transparent joining to
conserving resources as an constituent partial of a strategy.