Related: LA Cleantech Incubator Funds Electric Vehicle Rental Program
Indianapolis to End EV Carsharing Service BlueIndy
The city spent $6 million launching the carsharing service.
December 23, 2019
According to documents, Blue Indy had a deficit of $22 million in 2017.
Photo via Depositphotos.
1 min to read
Indianopolis' electric carsharing service BlueIndy will be ending its operations effective May 21, according to the Indianapolis Business Journal.
Paris-based BlueIndy launched in September 2015, backed by logistics company Bollore and billionaire Vincent Bollore. The group had projected it would be profitable by 2020, expecting 15,000 members, 200 stations, and 500 cars. However, as of August, the company only had 3,000 active members, 92 stations, and 200 cars — a fifth of the total the company needed to remain profitable.
According to documents, Blue Indy had a deficit of $22 million in 2017.
This @BlueIndyUS document reveals the company had a deficit of more than $22 million in 2017. I'm told 2018 & 2019 data has yet to be submitted by the electric car sharing service. BlueIndy denied my requests for financial info but I ended up getting this from the city. pic.twitter.com/Y7d8R4fQQr
The city spent $6 million launching the carsharing service.
Originally posted on Auto Rental News
More Electric Vehicles
GreenPower Plans 50 Electric Shuttle Buses for Mexico
GreenPower plans to build 50 electric shuttle buses for Mexico using its EV Star Cab & Chassis platform, partnering with local body builders to expand its market reach.
Read More →
Who You Gonna Call? Rivian Turns Electric Vehicles Into Ghostbusters Rides
Rivian teams up with Sony Pictures for a Ghostbusters-inspired Halloween software update, complete with custom sounds, lighting effects, and a special Ecto-R1.
Read More →
Einride Electric Driverless Trucks Begin Daily Freight Operations in Ohio
Two cabless electric trucks are now moving freight between EASE Logistics facilities, putting autonomous EV technology into daily commercial operations.
Read More →
FedEx Orders 2,000 Harbinger Electric Trucks in $300 Million Deal
The Class 5 and 6 electric trucks are planned for delivery by the end of 2027 and will be deployed in FedEx pickup and delivery operations across the U.S. and Canada.
Read More →
Volvo Trucks’ Electric Range Named International Truck of the Year 2027
The award recognizes Volvo’s global heavy-duty electric lineup, while more than 750 VNR Electric trucks have accumulated nearly 37 million miles in U.S. and Canadian fleet operations.
Read More →
How Republic Services Decides Where Its Next Electric Trucks Can Go
With 250 electric collection trucks now in service, Republic Services is learning that scaling electrification depends less on proving the vehicle and more on whether each site can support what comes next.
Read More →
EV Charging Use Is Outpacing Infrastructure Growth
ChargePoint’s 2026 Charging Forward Report points to rising charger use, higher-powered charging, commercial vehicle electrification, and energy-management technology. Here’s what fleets should know.
Read More →
EV Realty Names Henrik Holland President as Charging Platform Expands
The former Prologis Mobility and Shell executive will help expand EV Realty’s truck charging business and move its power-first infrastructure model into autonomous vehicle depots and other fleet sectors.
Read More →
GreenPower Expands New Mexico EV Pilot With Larger Buses, V2G Testing
After logging more than 17,000 electric miles in the first year, New Mexico’s statewide pilot is moving into its second phase with larger vehicles, continued charging evaluations, and more.
Read More →
Can EV-as-a-Service Help Fleets Scale Electrification?
Sustainability Partners CEO Adam Cain explains how matching EVs, charging infrastructure, and duty cycles can help fleets scale electrification.
Read More →