Aside from investing a significant amount of coin into the program, Bollore will also supply Autolib with its electric Bluecar. All of Bollore's $131-million initial investment will not go directly into the Autolib program. In speaking at a recent news conference, Bollore stated that his company's investment will work out like this:
Bollore doesn't expect to see a return on investment for at least seven years, but he remains confident that the Autolib project will be a success. If 100 million euros isn't confidence, we don't know what is.For us, Autolib is at least 100 million euros (of investment). We wrote 60 million (in the presentation), but 60 is the minimum, plus investments we make elsewhere.
[Source: Reuters | Image: Benh LIEU SONG – C.C. License 2.0]