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

  • July 19, 2012
    Digital Light Processing transforms travel information
    David Crawford investigates the potential of new projection technology. Fifty years on from its invention of the microchip, US company Texas Instruments (TI) has compressed the technology into a surface area of just 4.3mm. As such, it forms the heart of a new Pico Digital Light Processing (DLP) system that is set to transform travel information delivery for millions of users on the move - by making it projectable.
  • September 13, 2016
    Volvo and KPMG find buses are key to urban air quality
    Buses can play a key role in the battle to improve air quality in towns and cities as David Crawford discovers. A city with a population of half a million would gain about US$12.3 million in annualised societal savings if all its buses ran on electricity instead of diesel. This is the conclusion of a wide-ranging analysis carried out by Swedish bus manufacturer Volvo Group and global business consultants KPMG.
  • February 2, 2012
    Developments in smarter multi-modal fare paynment
    This section pulls together all the multi-modal topics in each issue. Subject matter will include smartcards; ticketing and payment systems; passenger information systems; fleet management for buses, trains and light rail; park and ride systems; on-line access to real-time information via Internet portals
  • August 23, 2016
    Xerox takes youthful view of future transport
    Xerox’s David Cummins talks to Colin Sowman about the lessons for city authorities from its survey of younger peoples’ attitude to transport. There can be no better way to get a handle on the future of transport demand than to ask the younger generation about how they view and consume today’s transport. Sociologists have called this group Generation Z – those born between 1995 and 2007 – which will make up 40% of all US consumers by 2020.