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PINF Pininfarina Spa

0.686
0.016 (2.39%)
28 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pininfarina Spa BIT:PINF Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.016 2.39% 0.686 0.664 0.688 0.686 0.664 0.668 4,813 02:01:34

Renault to Produce and Develop Bollore's Electric Bluecars

09/09/2014 11:41am

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By Noemie Bisserbe and Ruth Bender

PARIS--French car maker Renault SA (RNO.FR) said Tuesday it had signed an agreement with Bollore (BOL.FR) to produce and develop electric vehicles for the conglomerate's urban car-sharing business.

Under the new agreement, Renault will assemble Bollore's electric cars, known as Bluecars, in its factory in Dieppe in Northern France, from the second semester of 2015. Until now, these cars were produced in Italy in partnership with Pininfarina Spa (PINF.MI).

Renault will also develop a three-seater version of Bollore's four-seater electric car.

The two companies said they would set up a joint venture to develop Bollore's urban car-sharing business across the country. The joint venture will be held 70% by Bollore and 30% by Renault.

Write to Noemie Bisserbe at noemie.bisserbe@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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