Mercedes-Benz Mobility AG
Mercedes-Benz Mobility AG, headquartered in Stuttgart, Baden-Württemberg, operates in the Financial Services industry with a team of 2,263. The company focuses on electrification, sustainability, digitalisation, and AI to provide innovative mobility solutions, including flexible vehicle usage options and digital services for charging and payment.
Company Overview
Mercedes-Benz Mobility AG operates in the Financial Services industry and has a team size of 2,263 employees. The company is headquartered in Stuttgart, Baden-Württemberg, Germany. It focuses on providing innovative mobility solutions and describes its mission as 'We move you into a new era.' The company is recognized as a very large enterprise and has established a significant presence in 34 countries across five continents.
Services Offered
Mercedes-Benz Mobility AG offers a wide range of financial products, including financing, leasing, and insurance specifically designed for cars and vans. The company provides flexible vehicle usage options through rental and subscription models, catering to diverse customer needs. Additionally, it offers digital services for charging and payment, enhancing convenience for electric vehicle users. The company also provides tailored insurance solutions for electric and plug-in hybrid vehicles, covering batteries and charging equipment.
Sustainability Initiatives
The company emphasizes sustainable business practices and aims for CO2 neutrality in its operations. It focuses on major trends such as electrification, sustainability, digitalization, and artificial intelligence to drive innovation in the mobility sector. Mercedes-Benz Mobility AG plans to invest over one billion U.S. dollars in its North American charging network in collaboration with its joint venture partner, MN8 Energy. The company has also inaugurated its first EV charging hub in North America and launched its first European Charging Hub in Mannheim, Germany.
Charging Network Development
Mercedes-Benz Mobility AG operates a global charging network with plans to establish over 2,000 charging hubs worldwide by the end of the decade. The company has formed a strategic partnership with E.ON to build its charging network in Europe. It reported a new business volume for battery electric vehicles of €2.0 billion in Q1 2024 and has achieved a total portfolio of €135.7 billion at the end of June 2024.
Fleet Management Services
Through its subsidiary Athlon, Mercedes-Benz Mobility AG provides fleet management services, managing over 400,000 vehicles. This service is part of the company's broader strategy to enhance urban mobility and expand its offerings in the mobility sector. The company engages in joint ventures such as FREE NOW and CHARGE NOW to further develop urban mobility and charging solutions.