French companies launch rental solution for autonomous vehicles

French autonomous vehicle company Navya has signed an agreement with NEoT Capital to develop a rental service solution for the Navya Arma shuttle to enable public authorities and private operators to offer autonomous shuttle transport to consumers. As part of this partnership, NEoT Capital will buy the vehicle and then rent it to interested enterprises and communities. Founded by Électricité de France SA (EDF), battery solution maker Forsee Power Industry and French finance institute Caisse des Dépôts, amon
May 5, 2017 Read time: 2 mins
French autonomous vehicle company 8379 Navya has signed an agreement with NEoT Capital to develop a rental service solution for the Navya Arma shuttle to enable public authorities and private operators to offer autonomous shuttle transport to consumers. As part of this partnership, NEoT Capital will buy the vehicle and then rent it to interested enterprises and communities.

Founded by Électricité de France SA (EDF), battery solution maker Forsee Power Industry and French finance institute Caisse des Dépôts, among others, NEoT Capital is dedicated to funding renewable energy and electric mobility.

Planned to launch in the second quarter of 2017 with the aim of encouraging the move to electric and autonomous mobility, users will be able to lease a Navya Arma vehicle on a 48 or 60-month contract, including insurance and vehicle maintenance.

The fully autonomous public transport vehicle holds up to 15 passengers and provides access to areas with little or no public transport service. It is also suitable transport around airports, university campuses, industrial sites, hospitals, convention centres and amusement parks etc.
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