Bolloré, the family-owned French industrial conglomerate led by billionaire Vincent Bolloré, is in talks to sell its electric car-sharing technology,
the
Financial Times
reported.
The company’s Autolib network rents electric cars in France and plans to expand to a city in Asia and eventually to London, the article said. Next year, it will debut in Indianapolis, the
FT
reported.
Bolloré is floating its loss-making Blue Solution unit, which makes batteries, on the Euronext stock exchange to raise money to expand battery production, the article said.
Bolloré is partnering with Renault on future production of Bolloré’s Bluecar electric vehicle, the
FT
report said. Currently, Bluecars are currently made by a joint venture between Bolloré and Pininfarina, which designs Ferraris and Maseratis. (Source:
Financial Times,
Sept. 27, 2013.)
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