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.
Location Based Systems

For more information on companies in this article

Related Content

  • New mobility service for Hamburg
    June 16, 2017
    MOIA, the mobility arm of the Volkswagen Group (VW), and Hamburger Hochbahn (Hochbahn) are jointly working on the development of a new and environmentally-friendly mobility service for Hamburg, Germany.
    Read More
  • Autonomous vehicles – saviour and threat, says report
    November 1, 2016
    A new report from IDTechEx Research notes that autonomous vehicles need no pilot, not even one in reserve. Many truly autonomous vehicles are unmanned mobile robots prowling everywhere from the ocean depths to nuclear power stations, the upper atmosphere and outer space. They create billion dollar businesses such as aircraft and airships aloft for five to ten years on sunshine alone carrying out surveillance or beaming the internet to the 4.5 billion people who lack it. Independence of energy and electri
    Read More
  • Full analysis: Massive US EV infrastructure plan
    February 21, 2023
    The White House has announced a huge financial boost, new standards, and major progress for a made-in-America national network of EV chargers to support the future of US EV charging
    Read More
  • Confusing funding and financing can be costly
    September 23, 2014
    Tolling may be the way forward for paying for the roads of the future - but where will concessionaires find the money and do they need funding or financing? Increasingly, governments around the world are concluding that they can no longer pay for new roads and are turning to the private sector for help.
    Read More

Highlighted Content