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.

For more information on companies in this article

Related Content

  • Plans for eVTOL service around California's Bay Area
    July 3, 2024
    Archer plans air mobility network to cut journey times in environs of San Francisco
  • Trial results change perceptions of EVs
    November 26, 2012
    The results of two one-year electric vehicle (EV) trials carried out in the Netherlands and Sweden were presented at the European Electric Vehicle Congress (EEVC) 2012. All aspects of EVs were taken into account during these trials; results show that after an EV is integrated in people’s daily use, most preconceptions are proved wrong.
  • UK consortium awarded funding to develop autonomous vehicles
    April 24, 2017
    The StreetWise consortium, headed by UK artificial intelligence (AI) and machine learning (ML), start-up has been awarded US$16.4 million (£12.8 million) in grant support for its US$29.5 million (£23 million) project. Awarded as part of the UK government’s Centre for Connected and Autonomous Vehicles CAV2 competition, the grant will enable the consortium to develop and demonstrate autonomous transport in London, with the aim of launching a supervised trial of an autonomous vehicle fleet in the third quarter
  • Oxa joins Sunderland AV shuttle programme
    January 20, 2025
    UK city initiative aims to show how AVs can connect people to key destinations