Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Daimler AG
  6. News
  7. Summary
    DAI   DE0007100000

DAIMLER AG

(DAI)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Daimler : Paving the way for sustainable mobility: bp, BMW Group and Daimler Mobility announce successful closing of transaction that makes bp third shareholder of Digital Charging Solutions GmbH (DCS)

10/15/2021 | 11:12am EST

London/Munich/Stuttgart. bp has become the third shareholder of Digital Charging Solutions GmbH (DCS) following the successful closing of the M&A transaction. bp gained a 33.3% stake as part of a capital increase. BMW Group and Daimler Mobility AG remain shareholders owning a 33.3% stake each.

* DCS offers industry leading solutions to provide EV drivers with seamless access to more than 300,000 charging points in 30 countries.

* bp will provide DCS customers access to an additional 9,000 charging points across Europe including ultra-fast charging and together with DCS, will develop new integrated offers for fleets - including fuel and charge services

* Globally, bp aims to grow its network of public EV charging points by 2030 to over 70,000 worldwide

Electrification is at the heart of bp's approach to mobility. All three shareholders of DCS share an ambition to drive electrification forward and pave the way for sustainable mobility. bp is rapidly growing its charging businesses around the world and aims to have over 70,000 public charge points by 2030.

DCS's services are essential for the electrification strategies of the automotive industry. The company works with premium and high volume OEMs to integrate its charging solutions into the vehicles' operating systems and the OEMs' digital ecosystems. Digital Charging Solutions GmbH stands behind the CHARGE NOW brand in the YOUR NOW Joint Ventures of BMW Group and Daimler Mobility AG and operates charging services such as 'Mercedes me Charge', 'BMW Charging' and 'MINI Charging'.

DCS already provides unrivaled access to charging infrastructure with a coverage of more than 85% in 29 European countries.

Following the successful transaction, EV drivers can look forward to enhanced coverage and charging convenience as they gain access to an additional 9,000 rapid and ultra-fast charging points (more than 150kw) through bp's European charging network - Aral Pulse in Germany and bp pulse in the UK. Both bp and DCS will provide access to advanced charging services such as Plug & Charge which enables a seamless charging experience reducing the need for apps or charging cards - initially available on Aral Pulse ultra-fast chargers in Germany from Q1 2022.

And to support the transition of businesses and fleets to electric mobility, business customers can expect access to a 360-degree solution for electric and hybrid fleets that includes new and innovative charging services beyond fueling, tolling and washing offers.

Richard Bartlett, bp senior vice president, future mobility & solutions said: 'Our aim is to make charging as convenient as refuelling at the pump - fast, reliable and highly integrated with the vehicle operating system to provide a great customer experience. We're excited to have completed this transaction and look forward to working with our partners to continue to provide EV drivers with access to convenient charging where they need it.'

'We are pleased to welcome bp as a strong partner who shares our vision to push electrification. By forming this strategic collaboration with one of the biggest energy companies in the world, we will provide drivers with increasing access to a convenient and seamless charging ecosystem wherever and whenever they need it, contributing to the electric transformation of our society',' said Gero Gotzenberger, Director for Strategy and Digital Mobility Solutions, Daimler Mobility AG.

'This collaboration brings our leading charging network a huge step forward. Especially the electrification of fleets and fleet management will see a comprehensive boost - we will jointly drive innovation, increase our customer focus and accelerate CO2 reduction. We welcome bp as a strong and progressive partner', adds Rainer Feurer, Senior Vice President of Investments at the BMW Group.

Jorg Reimann, CEO Digital Charging Solutions GmbH: 'We are really excited to have bp as strategic partner and shareholder at the same time. Our business models are highly complementary. We provide access to the largest network of charging points in Europe - now we are designing and delivering superior services for our current and future customers.'

Press Contact

michael.m.kuhn@daimler.com

Michael Kuhn

Head of Corporate & Transformation Communications Daimler Mobility

michael.m.kuhn@daimler.com

Tel:+49 160 86 14 768

Twitter:

https://twitter.com/Mi_Kuhn

(C) 2021 Electronic News Publishing, source ENP Newswire

All news about DAIMLER AG
10:22aChip shortage to cost Daimler Truck billions in revenues - Automobilwoche
RE
11/26SPLIT OF DAIMLER INTO TWO INDEPENDEN : Daimler Truck transfers historical Mercedes-Benz co..
AQ
11/26Carmakers get inventive as global chip crisis bites
RE
11/26Carmakers get inventive as global chip crisis bites
RE
11/26Daimler Expects Strong China Sales Will Continue in 2022, Local Head Says
MT
11/26Daimler Forecasts 'Strong' Sales In China For 2022 Despite Competition
MT
11/25Business responds to German coalition deal
RE
11/25China to remain 'super market' into next year - Daimler China chief
RE
11/25UK software firm Blue Prism agrees to Vista's $1.63 bln final takeover offer
RE
11/25Pod Point Wins UK EV-Charger Supplier Contract With Mercedes-Benz
DJ
More news
Analyst Recommendations on DAIMLER AG
More recommendations
Financials
Sales 2021 168 B 190 B 190 B
Net income 2021 12 740 M 14 395 M 14 395 M
Net cash 2021 23 340 M 26 372 M 26 372 M
P/E ratio 2021 6,90x
Yield 2021 5,17%
Capitalization 88 968 M 101 B 101 B
EV / Sales 2021 0,39x
EV / Sales 2022 0,34x
Nbr of Employees 289 282
Free-Float 81,4%
Chart DAIMLER AG
Duration : Period :
Daimler AG Technical Analysis Chart | DAI | DE0007100000 | MarketScreener
Technical analysis trends DAIMLER AG
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Last Close Price 83,16 €
Average target price 101,32 €
Spread / Average Target 21,8%
EPS Revisions
Managers and Directors
Ola Kńllenius Chairman-Management Board
Harald Emil Wilhelm Chief Financial Officer
Bernd Pischetsrieder Chairman-Supervisory Board
Markus Schńfer Chief Operating Officer
Clemens A. H. B÷rsig Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
DAIMLER AG43.90%100 676
TOYOTA MOTOR CORPORATION30.36%253 480
VOLKSWAGEN AG7.56%124 607
GENERAL MOTORS COMPANY44.50%87 358
FORD MOTOR COMPANY124.69%78 926
GREAT WALL MOTOR COMPANY LIMITED27.07%70 014