vw’s new division takes aim at uberstyle competition
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

VW’s new division takes aim at Uber-style competition

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice VW’s new division takes aim at Uber-style competition

Volkswagen is shifting its focus beyond selling cars
London - Arab Today

Volkswagen has launched a new digital business division to take on services such as Uber, shifting its focus beyond selling cars to catering for customers who prefer to pay for use rather than own a vehicle.
VW will offer on-demand shuttle services next year through the new division, to be called MOIA. That takes Europe’s largest carmaker deeper into digital mobility services after investing in ride-hailing business Gett earlier this year.
“Mid and long-term MOIA will create the kinds of services that will meet the needs of urban citizens,” Ole Harms, head of the new division said.
VW, seeking to recover from its diesel emissions scandal, expects to earn a substantial share of revenues by 2025 from the new services business as it revamps its core brand while investing billions of euros in electric vehicles, ride-hailing and self-driving cars.
The business prospects are huge, consultants A.T. Kearney said in a study published in October. 
The global market for self-driving vehicles and related services may surge to $282 billion by 2030 from $51 billion in 2020, the firm said.
VW has been slow to embrace electric cars and has long ignored alternatives to ownership, while German rivals Daimler and BMW have for years been running their own car-sharing operations.
BMW plans to test self-driving cars in Munich as a way to advance a new ride-hailing business model without needing drivers, the company said.
VW made it clear it wants to make up for lost time as it used a London startup conference to launch MOIA.
“Even though not everyone will still own a car in future, MOIA can help make everyone a customer of our company in some way or another,” CEO Matthias Mueller said.
Mueller said last month that Volkswagen has been in talks with Uber on potential cooperation but the carmaker would not settle for the role as a mere supplier.
The German company wants to become a leader in the new services in Europe over the next 1-2 years, Harms said late on Sunday, adding that Berlin-based MOIA’s workforce will quadruple to 200 staff next year.
“We want to bring our services to the market at scale,” Harms said, citing Europe, the US, China as key markets.
But rivals including Toyota and General Motors have also taken stakes in mobility companies as carmakers and technology firms such as Google and Apple vie to serve consumers in the vast digital market.

Source: Arab News

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

vw’s new division takes aim at uberstyle competition vw’s new division takes aim at uberstyle competition

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

vw’s new division takes aim at uberstyle competition vw’s new division takes aim at uberstyle competition

 



GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 16:17 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences

GMT 05:38 2017 Tuesday ,05 September

Serious need for progress in the peace process

GMT 00:18 2017 Wednesday ,22 February

Mugabe marks 93rd birthday with faltering TV interview

GMT 12:48 2017 Tuesday ,09 May

King, Egyptian president hold talks

GMT 18:03 2017 Friday ,17 November

HH Sheikha Moza Witnesses Opening of 2017 WISE Summit

GMT 07:18 2017 Monday ,19 June

ARC Secretary General Najla Al Shamsi in Riyadh

GMT 08:18 2013 Thursday ,31 October

\'Early medication for HIV is cost-effective\'

GMT 19:23 2017 Monday ,23 January

80 Houthi Militants Killed in Airstrikes

GMT 22:44 2017 Friday ,21 July

HM King ratifies, issues 4 laws

GMT 13:34 2016 Saturday ,29 October

Biden ‘tops Clinton list for secretary of state’

GMT 20:00 2017 Saturday ,15 July

Bahrain condemns terrorist attack in Giza
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice