Billionaire Bollore Expands Battery Car-Sharing to U.S.

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French billionaire Vincent Bollore is setting up the largest U.S. car-sharing program for electric vehicles to promote advanced batteries and services offered by the conglomerate he leads.

Bollore Group, the holding company he chairs, is investing about $35 million to create the BlueIndy service in Indianapolis, the group said yesterday in a statementBloomberg Terminal. The program, beginning within eight months, will use as many as 500 of Bollore’s Bluecars and 1,000 charging stations, Bollore said in a telephone interview.