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

  • Thales to upgrade Greater Cairo Metro
    December 18, 2015
    More than 30 years after winning its first contract for the Greater Cairo Metro, Thales has signed two contracts with the metro operator; the first is for an upgrade of the fare collection system for Lines 1 and 2 of the Egyptian capital’s rapid transit network and the second for a full integrated communications and supervision system for the Al Thawra extension on the line 3 (Phase 3). Thales will deploy its TransCity fare collection solution on Lines 1 and 2 of the Cairo Metro, replacing the equipment
    Read More
  • Fusion's CAVstar is the star in Cambridge
    July 3, 2025
    Level 4-capable automated drive system used in UK's Connector project
    Read More
  • Iomob searches for middle ground in Sweden
    July 15, 2020
    Does a MaaS ecosystem work best if it’s open or closed? A new project with Swedish regional transit agency Skånetrafiken might just answer that, write Boyd Cohen and Scott Shepard of Iomob
    Read More
  • South Australia opens applications for fund to boost connected, autonomous car technology
    November 16, 2016
    The South Australian Government is inviting applications for a three-year US$7.5 million (AU$10 million) Future Mobility Lab Fund to boost local testing, research and development of connected and autonomous vehicle technologies. From today, companies, industry bodies, research institutions and other organisations are able to submit creative proposals which will accelerate the development and implementation of connected and autonomous vehicle technology, focused on three themes:. Autonomous vehicle te
    Read More

Highlighted Content