Bosch creates new Connected Mobility Division and acquires niche ride sharing startup
Bosch is already a strong player in the new mobility industry, but it has most definitely upped the ante with the creation of its new Connected Mobility Solutions Division.
With an initial staff of 600 under the umbrella of this new division, it develop and sell products and services for vehicle sharing, ride sharing, and ‘other connectivity-based services for car drivers.’
“Connectivity will fundamentally change how we get from A to B, and in the process it will help to solve today’s traffic problems. We are using it to realize our vision of emissions-free, stress-free, and accident-free mobility,” said Dr. Volkmar Denner, chairman of the Bosch board of management.
Bosch acquires ride sharing statup
In related news, Bosch also recently announced that it had acquired US ride sharing startup, Splitting Fares (SPLT). SPLT’s app is an ‘enterprise carpooling solution’, allowing co-workers, or students, to share rides to and from work or places of study. An algorithm finds conveniently-located ride share partners, and then plots optimal pickup and destination routes.
SPLT is currently operating in Atlanta, Austin, Chicago, Detroit, Germany, London, Los Angeles, Mexico City, Monterrey, New York City, Portland, and San Francisco. Pre-acquisition SPLT had a desire to expand internationally, and with Bosch on board that looks a certainty.