BlueIndy carsharing program in trouble in Indianapolis

Failure To Approve Electricity-Rate Hike Leaves BlueIndy $13 Million Short

  • Image Credit: Copyright 2014 Sebastian Blanco / AOL
As if Indiana didn't have enough troubles with this religious-freedom flap, right? Indianapolis, the state's largest city, was slated to start up BlueIndy, the country's largest electric-vehicle carsharing network, later this year. Instead the program is short on the cash, according to the Indianapolis Star. Blue, indeed.

Championed by green-minded Mayor Greg Ballard, BlueIndy was first announced in 2013, with early estimates saying there'd by as many as 500 EVs and 1,000 charging stations throughout the city. BlueIndy owner Bollore Group, backed by French billionaire Vincent Bollore, was going to pay $35 million to provide the cars, with the city set to provide the rest of the needed cash. The EVs were going to cost $15 an hour to rent, though that proverbial meter runs only when the cars are actually being driven.

Now, Indianapolis is about $13 million short. That's because Indiana Utility Regulatory Commission put the kibosh on raising power rates in order for Indianapolis Power & Light Co. to foot the bill for what was most recently slated to be 250 charging stations. And there's little political will to push for the needed cash, so it looks like those EVs will be sitting parked and looking pretty for a little while.

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