As a part of the collaboration, MILES Mobility has acquired Volkswagen Passenger Cars' UMI Urban Mobility International and along with it the WeShare car sharing business for integrating it into its current portfolio

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MILES Mobility acquires Volkswagen Passenger Cars' UMI Urban Mobility International and WeShare. (Credit: Volkswagen)

Volkswagen Group has entered into a partnership with German car sharing company MILES Mobility to expedite the expansion of its car sharing portfolio.

As a part of the collaboration, MILES Mobility has acquired Volkswagen Passenger Cars’ UMI Urban Mobility International along with the WeShare car sharing business to integrate it into its existing portfolio.

The financial terms of the deal were not disclosed.

With over 200,000 customers, WeShare currently operates about 2,000 fully electric Volkswagen ID.3 and ID.4 vehicles at its Hamburg and Berlin locations in Germany.

Volkswagen Financial Services board chairman Christian Dahlheim said: “New mobility services such as car subscription models and car sharing are enjoying strong demand. This is a trend in which we would like to participate more.

“With a strong partner to operate the fleet and with vehicles from various Volkswagen Group brands, car sharing will become available to an even broader spectrum of customers.

“We are pleased to have found the perfect partner in MILES, whose portfolio will be bookable via the Volkswagen mobility platform. WeShare customers will then benefit from car sharing services in eight German cities.”

MILES Mobility has ordered over 10,000 all-electric vehicles from the Audi, Volkswagen Passenger Cars, and the Seat/Cupra brands, which are expected to be delivered from 2023.

The car sharing company plans to evolve its fleet in line with the electrification of the Volkswagen Group.

About 70% of the current MILES fleet, that is more than 9,000 cars, is provided by the Volkswagen Group.

MILES Mobility CEO Oliver Mackprang said: “The electrification of the fleet is a key pillar of the MILES strategy on the path to sustainable urban transportation.

“With the acquisition of WeShare and its integration into the MILES ecosystem, we are making a significant step in the right direction. We are pleased to expand our long-standing collaboration with the Volkswagen Group through this mobility partnership.”