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Paris Opens Up Electric Car-Sharing Market After Autolib Failure

  • City pulls plug on 7-year-old loss-making Autolib service
  • Renault, PSA to compete; BMW, Daimler among possible providers
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Paris will open up its electric car-sharing market to multiple competitors after the city pulled the plug on Bollore SA’s loss-making Autolib service.

“Competition will be lively and cut-throat,” Renault SA’s Chief Operating Officer Thierry Bollore -- who has no link with the Bollore company -- said Wednesday at a press conference.