PKP wants to come to the rescue of Téo Taxi

Media mogul and former PQ leader Pierre Karl Péladeau says he's interested in bringing Téo Taxi back to life.

The electric taxi company announced it was ceasing operations under last week, abruptly tossing 450 drivers out of work.

Péladeau signaled his intentions via tweet on Tuesday.

"Yes, I have an interest for Téo Taxi," he tweeted, pointing out he was a client of their from the very beginning. "I believe, and I've always believed, in electric mobility and its potential for Quebec."

He adds the initiative is personal, and that the money would not come from Quebecor, the media giant he runs.

On the French-language LCN network Tuesday, he said there have been discussions with various stakeholders to discuss the possibility of rebooting Téo.