Ferrovial and Renault Launch Electric Car-Sharing Service in Madrid
November 03 2017 - 9:06AM
Dow Jones News
By Anthony Shevlin
Spain's Ferrovial SA (FER.MC) and Renault SA (RNO.FR) on Friday
said that they will launch an electric car-sharing service in the
Spanish capital of Madrid.
The collaboration between the Spanish infrastructure operator
and the French car maker, known as Zity, will launch in December
and consist of a fleet of 500 electric vehicles.
Ferrovial said that Javier Mateos will serve as chief executive
of the newly created Zity.
The service will originally be available within the city's M-30
motorway limits, with plans to expand beyond this area in the
future.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com
(END) Dow Jones Newswires
November 03, 2017 08:51 ET (12:51 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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