Led by Ballard, the racing city reached an agreement for Autolib to make its US debut in the Indiana capital as early as next year, Inside EVs writes. Autolib, which is owned by French conglomerate Bollore may have as many as 500 vehicles in the Indy car-sharing fleet and will invest about $35 million in the project.
Late last year, Mayor Greg Ballard signed an executive order that will push the city to replace its fleet with all hybrids and plug-in vehicles by as early as 2025. Replacing Indianapolis's police fleet with plug-ins is estimated to save about $10 million worth of fuel annually.
Last October, the European Investment Bank (EIB) loaned Bollore about $100 million to expand the car-sharing service through Paris. Autolib debuted in Paris in the fall of 2011 with its electric "Bluecars," charging users the equivalent of between $6 and $11 per half hour as well as an annual membership fee of about $200.