Vincent Bollore hopes his Pininfarina-designed EV will help clear the arteries of Paris

Article by Christian A., on October 8, 2011

Billionaire Vincent Bollore believes that he has the solution for the traffic in Paris: his Pininfarina-designed bubble-shaped electric cars. If this product takes off, Bollore’s growing battery business will get a major boost. These Autolib cars could be hired for a two-month trial beginning last Monday. Motorists are required to pay a membership fee starting at 10 euros for one day of driving and a hire fee of 4-8 euros per half hour.

Paris Mayor Bertrand Delanoe masterminded this 235 million euro ($321 million) project, which he expects will achieve at least the same success as his bicycle-sharing scheme dubbed Velib. This effort was launched in 2007.

Already, many cities in France and even overseas have copied the Velib, says Autonews. The bubble-shaped electric cars have the potential to be a platform for Bollore's industrial conglomerate, which is building the BlueCar vehicles in the scheme. These use a lithium-metal-polymer battery, which uses a technology that’s different from the one used on lithium-ion batteries.

Bollore told reporters that this project is expected to be profitable starting on the seventh year. This scheme is a bit similar to car clubs like the City Car that permit members to hire a local car for as short a period as one hour. Autolib General Manager Morald Chibout said that the automaker seeks to convince people to make the shift from the concept of owning a car to that of using a car.

To construct the car rental stations, Paris has spent 35 million euros ($47.8 million) while nearby regions have made a contribution of 50,000 for every station. For each car space, a 750 euros annual fee will be paid by the Bollore group, which has invested 200 million euros in the project.

Topics: electric car

If you liked the article, share on:

Pin It

Comments

Recommended

Has Toyota started the production of a new electric supercharger? Well, a patent that was recently published indicated that they might have. And this electric supercharger looks more durable and...
by - March 27, 2017
The Tesla Model S has finally arrived in South Korean soil and is now available for test drive. But, there’s a catch. You’ll have to wait several months if you...
by - March 27, 2017
Sorry to say this to the Sport Quattro Concept fanatics. If you guys have been hoping for the production of this iconic concept to begin, prepare for your dreams to...
by - March 27, 2017
South Korean car company SsangYong recently revealed sketches of their upcoming SUV. We’re not always impressed by Korean car designs, but this one looks quite promising. Yup, it is the...
by - March 26, 2017
Twenty-eight years after the company was first launched by Toyota, which was initially targeted to the United States market only, Lexus has already made its way to over 70 countries....
by - March 26, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries