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Autolib Carsharing Company Receives $98 Million In Loans From EIB

The french electric carsharing company Autolib has received €75 million in new investment money from the European Investment Bank (EIB).


Autolib launched its services in Paris last October using Bollore’s electric ‘Bluecars’. It’s aiming to have around 5,000 EVs based at over 1,000 locations around Paris by 2013. Currently, it charges around $6–11 per half hour with an additional $200 membership fee.

“As many as 40 of the 250 EVs had been pulled out of service as of January because of a combination of vandalism and breakdowns. At that point, Autolib had garnered about 6,000 memberships, around twice as many as the projected rate before launch.”

Source and Image: Green AutoBlog

Written By

is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy since 2009. Aside from his work on CleanTechnica and Planetsave, he's the founder and director of Solar Love, EV Obsession, and Bikocity. Zach has long-term investments in TSLA, SCTY, FSLR, SPWR, SEDG, & ABB. After years of covering solar and EVs, he simply had a lot of faith in these companies and felt like they were good companies to invest in as a portion of his retirement strategy. To connect with Zach on some of your favorite social networks, go to ZacharyShahan.com and click on the relevant buttons.


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