Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

Renault to build Bollore's electric Bluecars

[September 09, 2014]  PARIS (Reuters) - French carmaker Renault has signed a deal with conglomerate Bollore to build a three-seater version of the four-seater Bluecar electric vehicle used in Bollore's 'Autolib' self-service auto hire scheme in France.

Until now, Bollore's Bluecars were all built in Italy under a joint venture with its designer Pininfarina. Under the deal set to be unveiled later on Tuesday, production will begin in the second half of 2015 at Renault's Dieppe factory in northwest France, a Renault spokesman said.

The joint venture will be held 70 percent by Bollore and 30 percent by Renault.

Aside from the Paris 'Autolib' self-service car hire scheme, Bollore also operates similar ventures in two other majors French cities, Lyon and Bordeaux.

The company has also signed deals to supply electric cars to London and Minneapolis.

(Reporting by Gilles Guillaume; Writing by Andrew Callus; Editing by Miral Fahmy)

[© 2014 Thomson Reuters. All rights reserved.]

Copyright 2014 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.