Bolloré's designed an all-electric four-seat cabriolet, which is set to be distributed by PSA Peugeot Citroën, using its facility in Rennes to produce 15 vehicles per day for a maximum of 3,500 vehicles per year.

The electric vehicle in question is Bluesummer and has an urban driving range of about 200 kilometers (124 miles), with top speed expected at 110 km/h (68 mph). It is powered by a 30 kWh Bolloré BlueSolutions LMP battery pack.

The two groups will continue their cooperation by stepping into the area of car-sharing. Bolloré perhaps isn't a name you hear very often, but it already operates an electric vehicle car sharing network in several cities in France (and abroad), with several electric vehicles of their own design, such as Bluecar, Bluesummer, Bluebus and Bluetram. Peugeot Citroën has also set up various car sharing operations, as well as launching a short-term rental offer in 2009.

Both companies plan to join their experience and know-how by establishing a joint venture, devoted to developing various car sharing solutions worldwide, using electric vehicles (both passenger cars and commercial vehicles), as well as low-emission internal combustion vehicles to meet their goals.