Lime plans to rent the Renault Twizy for $1, plus 40 cents for each additional minute, according to a confidential pitch deck. - Photo courtesy of Renault

Lime plans to rent the Renault Twizy for $1, plus 40 cents for each additional minute, according to a confidential pitch deck.

Photo courtesy of Renault

A leak detailed plans from bike and scooter startup Lime to rent ultra-compact electric vehicles by the end of 2018, according to a confidential pitch deck obtained by Axios.

The pitch deck says that Lime may add the Renault Twizy to its rental lineup. The vehicles would cost $1 to start, and 40 cents per additional minute. Lime estimates that the average trip for each vehicle would be 20 minutes, with each vehicle used for about six trips per day.

The Renault Twizy is a two-seater vehicle and can reach a top speed of about 40 mph.


Related: Renault Brings Self-Service Rentals to IKEA


 

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