Car sharing provider Free2Move wants to expand into more cities

The car-sharing company Free2Move wants to further expand its offering in Europe and the USA. The subsidiary of the Stellantis Group announced new details.

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Vehicle from the car sharing provider free2move in Paris

(Image: Cineberg/Shutterstock.com)

2 min. read

The Free2Move vehicles are set to roll through more European and American cities in the future, as Free2Move boss Brigitte Courtehoux announced in an interview this week. She wants to make the service available in more locations in the future. Free2Move, which belongs to Stellantis, took over the car sharing provider Sharenow from Mercedes Benz and BMW around two years ago, which had previously made huge losses with the project. Stellantis owns a total of 14 car brands, including Opel and Fiat.

According to Free2Move, the company is now making a profit: "We are slightly profitable and are continuing to improve," said Courtehoux in an interview with Welt am Sonntag. The company wants to return to growth from next year. "We are aiming to increase our turnover to 2.8 billion euros by 2030," Courtehoux reiterated in an interview with Welt am Sonntag. She had already emphasized this goal in 2022 when she took over Sharenow.

The number of vehicles will therefore increase to 15,000 to 20,000 from 2025 and Free2Move would like to offer its service in more cities worldwide. However, it is not yet clear which cities these will be: "We are looking at cities in Europe and the USA." The company currently has more than 10,000 car-sharing cars in use in 16 cities, including Berlin, Munich, Paris, Rome and Washington.

(nen)

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This article was originally published in German. It was translated with technical assistance and editorially reviewed before publication.