27 Nov '14, 5am

BMW i Invests In Zendrive

The BMW Group is boosting the services offered under the BMW i umbrella. BMW i Ventures, the company’s venture capital company, announced a new investment in Zendrive. Zendrive is described by BMW i Ventures as a company that uses data and analytics to improve driving. On top of Zendrive, BMW i investments currently includes JustPark, Chargepoint, Life360, Chargemaster, and MyCityWay. “I am delighted that BMW i Ventures is making another strategic investment. This is the first in a series of investment announcements that will be made in the months ahead,” said Ulrich Quay, Managing Director of BMW i Ventures, LLC. “Zendrive offers a great addition to our portfolio and advances the BMW Group vision of convenient, safe and efficient mobility. BMW and Zendrive will explore ways to co-operate on innovative, car-related services in order to make the in-car mobility experience e...

Full article: http://www.hybridcars.com/bmw-i-invests-in-zendrive/

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