London Chooses Bollore for its Charging Stations

PARIS--After Paris, Bollore SA's (BOL.FR) electric car charging stations are coming to London.

The French industrial group said it will manage as of next summer London's electric car sharing network, 'Source London,' launched by London Mayor Boris Johnson in May 2011.

Bollore aims to increase London's network of e-car charging pods to 6,000 by 2018 from 1,400 currently, Transport for London said in a statement Thursday.

No financial details of the deal were disclosed.

Bollore's U.K. unit IER will also be in charge of managing subscriptions to the car sharing scheme.

In Paris, Bollore launched the Autolib electric car scheme in 2011, which now counts over 40,000 active subscribers.

Source : WSJ