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

  • Evolving technology - debating the future of the ITS industry
    January 25, 2012
    Harry Voccola talks to ITS International about where he sees the intelligent transportation industry heading
  • Masabi enters partnership to make India’s public transport more convenient
    April 19, 2018
    Mobile ticketing company Masabi and provider of journey planning Chalo will combine their resources to create a solution that aims to make public transport in India more convenient for passengers. Additionally, the partnership intends to enable public transport operators to offer smarter digital ticketing solutions to commuters and facilitate a seamless ticketing experience through mobile devices.
  • Driverless Russia: Look – no hands!
    March 26, 2020
    Russia is betting on the importance of driverless cars as the country’s transport system develops in the years to come.
  • SRP to accelerate development of future transport systems in UK
    October 1, 2018
    Avia, BP, Hastings Direct and Honda R&D have been named as founding members of a shared research programme (SRP) to test and develop transport technologies in the UK. The SRP is investing in a three-year year project at the Smart Mobility Living Lab: London (SMLL) led by the Transport Research Laboratory and DG Cities – the commercial arm of Digital Greenwich. SMLL, a set of routes in and around the Royal Borough of Greenwich and the Queen Elizabeth Olympic Park (site of the London 2012 Olympics), is