4/7/2015 | 1 MINUTE READ

Money Problems Stall Car-Share Service for Indianapolis

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Plans to launch the BlueIndy car-share service in Indianapolis with 1,000 electric cars and 250 charging stations have stalled over funding problems, the Indianapolis Star reports.

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Plans to launch the BlueIndy car-share service in Indianapolis with 1,000 electric cars and 250 charging stations have stalled over funding problems, the Indianapolis Star reports.

France's Bollore Group announced the program, touted as the largest in America, nearly a year ago. Last September Renault SA agreed to manufacture the fleet's four-passenger EVs.

The service, based on Bollore's successful Autolib EV car-share operation in Paris, plans to rent EVs at $15 per hour.

But the project suffered a setback in February, when the Indiana Utility Regulatory Commission denied a request to hike the city's electric rates by 28 cents per month per customer. The increase was intended to raise $13 million to install the service's charging stations.

The ruling prompted Bollore, the city and Indianapolis Power & Light Co. which sees BlueIndy as helping its own EV promotional efforts to look for other funding sources. The Star says those talks were suspended with passage of Indiana's controversial Religious Freedom Restoration Act in late March. The measure is widely seen as giving businesses permission to discriminate against gays.

The Star notes that many companies threatened to boycott the state, thus making fundraising for the BlueIndy project more difficult. This city insists the BlueIndy project remains a top priority.