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Bolloré in drive to sell electric car-sharing scheme to Asia

Family-owned French industrial conglomerate Bolloré is in talks to sell its electric car-sharing technology, which has been working on the streets of Paris for two years, to cities in Asia and has London as a future target.

The group, which is led by billionaire Vincent Bolloré, is responsible for Autolib, a network of 1,700 electric cars in Paris that cost as little as €11 an hour to rent and have been used about 2.5m times.

At the opening last week in Brittany of a new factory for another of his companies, battery-maker Blue Solutions, Mr Bolloré told the Financial Times that he was keen to expand the electric car sharing scheme into London, but that a city in Asia was coming first.

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