2020 YEAR IN REVIEW: City passes on BlueIndy assets

BlueIndy shut down its operations in May. (IBJ file photo)

The city of Indianapolis in September decided not to exercise its option to purchase BlueIndy’s electric-charging stations, kiosks and other assets after concluding they are too old to be valuable.

BlueIndy’s Paris-based owner announced in December 2019 that it was shutting the service in May after failing to achieve profitability.

The service launched in 2015. At that time, it projected having 15,000 members on board by 2020. However, as of August 2019, it had just 3,000 active members.•

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