Skip to main content

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.

Related Content

  • December 13, 2021
    Gridserve EV forecourt coming to Gatwick 
    Each hub can add up to 100 miles of range in less than 10 minutes, firm says 
  • December 19, 2018
    Enterprise CarShare brings service to University of Delaware
    Enterprise CarShare has launched a short-term car rental service aimed at University of Delaware (UD) students and staff. Delaware is the latest campus to sign up for the service, which targets people who typically need a vehicle for just a few hours. Richard Rind, UD’s director of auxiliary services, says: “Many UD students and community members don’t have access to a car to take them where they need to go.” The service, part of Enterprise Rent-A-Car, will initially cost UD members $5 per hour which in
  • March 15, 2016
    Creative finance enables parking progress in LA
    David Crawford investigates an innovative public/private partnership. Los Angeles entered the second decade of the 21st century facing major challenges to its parking operations. With a population of 3.8 million, and its car-oriented culture still predominant, the city's parking meters were technically outdated - with most only accepting coins and many regularly out of service - resulting in a substantial loss of revenue. This coincided with a number of Californian cities looking to parking income to boost
  • December 5, 2017
    Hamburg’s on-demand alternative to commuting by car
    As Hamburg is confirmed as the host for the 2021 ITS World Congress, David Crawford looks at the city’s moves towards enabling MaaS-type operations. Germany’s second-largest city, Hamburg, is pinning its civic reputation on having its promised all-electric, on-demand, shuttle bus ridesharing service up and running by 2018. Partners in the three-year project are regional metro and bus service provider Hamburger Hochbahn and Volkswagen Group’s Berlinbased mobility innovation subsidiary Moia, which was set