Back in 2010, the Mayor of Paris, Vincent Charbonnier issued an rfp for an electric car sharing service in Paris. The plan is to put in 3,000 electric vehicles and 1,120 charging stations. The contract was won by a French industrialist, Vincent Bolloré, apparently due to his offering the lowest rental charges for the users of the car sharing service.
What is unique about the Autolib, which the service is called, is that it is the first large scale electric only car sharing service, and that Mr. Bolloré is deploying his company’s innovative battery technology, called a lithium-metal polymer (LMP) battery. This type of battery is considered safer that Lithium-ion batteries, because they do not overheat when charging and discharging. The challenge with these batteries, however, is that they do require to be heated in order to function optimally, which requires additional electricity. Apparently Mr. Bolloré’s company has spent close to $2 billion on battery development since 1996.
What is also unique about Mr. Bolloré’s plans is the electric car itself, the Bluecar, which, in addition to the car sharing service, is being offered for sale for $15,695. He is following Shai Agassi’s model of leasing the battery pack, and here’s the deal: the lease is $105 per month, with unlimited mileage. The car’s characteristics are as follows:
- Four seats
- 155 mile range
- Speed of 75 mph
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