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

  • September 21, 2017
    Navya plans to establish Asia-Pacific driverless shuttle base in Adelaide
    French driverless shuttle company Navya and the South Australian State Government have agreed on plans to establish Navya’s Asia-Pacific manufacturing facility in Adelaide. Navya’s ARMA shuttles are electric, 100 per cent driverless and can carry up to 15 people. South Australia hosted the first demonstration of a driverless vehicle in Australia in 2015, while Adelaide hosted the inaugural International Driverless Cars Conference in November 2015.
  • June 25, 2019
    Keolis to operate French Riviera Urban Community transport
    Keolis is to operate and maintain the French Riviera Urban Community’s public transport network ‘Zest’, in a deal expected to generate a total revenue of €60 million. Keolis is seeking to improve the transport network across 15 cities and villages of the community located along the Mediterranean coastline in southeast France. The company will also roll out digital services such as Wi-Fi in all buses. From 8 July, the company’s subsidiary Keolis Menton Riviera will start running regular and extracurri
  • May 5, 2016
    AV/ridesharing mix wins major auto investment
    The US has a new trend in personal mobility and David Crawford takes a closer look. US automaker General Motors and ridesharer Lyft’s announcement of a strategic partnership aimed at delivering, over time, an integrated network of on-demand autonomous as well as conventional vehicles has taken the nation’s car industry from traditional manufacturing to new arenas.
  • April 5, 2024
    Keolis wins mass transit contracts in Lyon and Nîmes
    Six-year deals in French cities include bus, trolleybus and on-demand operations