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DriveItAway Holdings Accelerates National Scale with Free2move - Launches 8 New Cities in January, Now Operating in 21 Major U.S. Markets
Globenewswire· 2026-01-26 13:30
Core Insights - DriveItAway Holdings, Inc. is expanding its operations rapidly, launching in eight additional major U.S. markets, bringing its total to twenty-one active metropolitan regions within just over twelve months [1][2][9] - The expansion is part of a strategic roadmap aimed at building a NASDAQ-tier platform by 2026, leveraging a co-branded mobility platform developed in partnership with Stellantis' Free2move [1][6] Expansion Strategy - The recent expansion follows a December rollout of nine new cities, indicating a strong growth trajectory in the flexible mobility sector [2][9] - DriveItAway's service model aims to eliminate traditional barriers such as down payments and credit thresholds, facilitating easier access to vehicle ownership [3][4] Infrastructure and Technology - The company utilizes an industrial-scale SaaS infrastructure to automate dealer inventory feeds and consumer demand, enhancing operational efficiency [3][4] - DriveItAway's proprietary architecture and telematics-driven risk management support immediate transportation access while creating pathways toward ownership [4][11] Market Positioning - The expansion reflects a deliberate strategy to establish a national mobility infrastructure rather than merely pilot programs, positioning DriveItAway as a leader in flexible lease and subscription-to-ownership mobility [5][6] - The partnership with Free2move integrates DriveItAway's technology with Stellantis' global mobility infrastructure, enabling a dealer-led national deployment [12] Future Outlook - DriveItAway anticipates continued expansion into additional U.S. markets throughout 2026, driven by dealer participation and consumer demand for flexible mobility models [10] - The company is focused on disciplined growth and infrastructure scale, which are essential for building a durable, institutional-grade company [6][9]
DriveItAway and Free2move Launch National Partnership to Revolutionize Vehicle Access and Supercharge Dealer Profitability
Globenewswire· 2025-07-22 12:00
Philadelphia, PA, July 22, 2025 (GLOBE NEWSWIRE) -- In a bold move set to reshape the automotive landscape, DriveItAway Holdings, Inc. (OTC Marketplace: DWAY) ("DriveItAway" and "Company") has joined forces with Free2move, the global mobility brand of Stellantis (NYSE: STLA), the world's fifth-largest automaker (Alfa Romeo, Jeep, Chrysler, Fiat, Peugeot, and more), to launch "Free2move Powered by DriveItAway," a national initiative to transform dealerships into next-generation mobility hubs. This game-chang ...