By 2020, Singapore drivers will be able to share 1,000 electric vehicles with 2,000 charging points across the country, according to a report by Wards Auto. The carsharing program will start in the middle of 2017 with a fleet of 125 electric vehicles and 250 charging stations.

The Singapore Economic Development Board and the Land Transport Authority signed an agreement with BlueSG, a unit of Bollore Group, to operate the electric carsharing program, says the report.

Bollore currently operates carsharing services in France (Paris, Bordeaux, Lyon), Italy (Torino), and the U.S. (Indianapolis).

The cost for Singapore’s new carsharing service will be less than $7.30 ($10 Singapore Dollars) for a 15-minute drive, according to the report.

“The future of transport in Singapore will look very different from today,” Yeoh Keat Chuan, managing director of the Economic Development Board, told Wards Auto. “Most people will not see the need to own a car. Today, we have a total fleet of only 300 shared cars and 10,000 users. We hope to see carsharing usage rise through collaborations.”

BlueSG will operate the program for 10 years and install an electric-vehicle charging infrastructure with 2,000 charging stations, up to 20% of them available for public use, according to the report. Bollore says its investment will total $73 million ($100 million Singapore Dollars).

Click here for the full Wards Auto report.