Renault completed the acquisition of ZITY from Ferrovial.

Groupe Renault, a car manufacturer, completed its acquisition of ZITY, an electric car-sharing service, from Ferrovial, an infrastructure operator. Financial terms were not disclosed. "This strategic partnership with Renault represents the next step after the success of ZITY in Madrid. We are pleased to continue our collaboration by bringing the expertise and technology developed by both companies. This has been key to achieving user acceptance. Providing sustainable mobility solutions to citizens is a priority in the battle against climate change challenges," Ignacio Madridejos, Ferrovial CEO.