
BlueIndy Electric Car Sharing Service Ends May 21, 2020
Indianapolis electric car sharing service BlueIndy will be closing effective May 21, 2020. The company had big plans when it launched in September, 2015 with the enthusiastic backing of then Indianapolis Mayor Greg Ballard. BlueIndy’s parent company, Bollore, invested $41 million in the venture. The city of Indianapolis contributed $6 million and Indianapolis Power and Light invested $3 million.
BlueIndy in announcing its closure said the service did not “reach the level of activity required to be economically viable.” A report by Indianapolis WTTV News based on a public records request with the city said that BlueIndy had an operating deficit of over $22 million in 2017.
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