For 30 years, and thanks to the support of BNP Paribas Group, Arval has successfully focused its expertise on full-service leasing. It is now firmly positioned as a market leader, with an average leased fleet growth of 7.4% over the last 5 years and an impressive 6.6% growth in September 2020, despite the Covid-19 pandemic.
Building on the success of its previous five-year plan, Arval conducted a thorough strategic review in 2019. The results confirmed that customer expectations had profoundly changed in terms of mobility and environmental impact, and that Arval was ready to unlock its full potential and seize those many opportunities. Over the last few months, the impact of the sanitary crisis has only reinforced Arval’s commitment to this change of business model. With its ambitious new strategic plan, built through a successful test & learn approach with offers and partnerships developed in its local entities and with its clients, Arval remains one-step ahead of the game.
Origins of Arval Beyond
360° Mobility transforms Arval from a car-centric company into a mobility company. It ensures Arval provides all its corporate clients and their employees, in all its geographies, with the sustainable and state-of-the-art mobility options they need, such as e-bike leasing, Car sharing & Micro-Mobility Solutions, MaaS applications, etc. In 2025, 100% of Arval countries will propose alternative and sustainable mobility products or services.
Good for you, Good for all
Arval aims to become a key leader in the energy transition and sustainability by helping customers to protect the environment and create safer roads. With its integrated EV offers, Arval lifts the constraints usually associated with EVs and facilitates their adoption (leasing of an EV combined with an e-bike, possibility to switch to a combustion engine for several weeks per year, vehicle to grid option, etc.). In addition to its road safety programmes, Arval offers a reduction in insurance premium for vehicles equipped with Advanced Driver Assistance System, encouraging its clients to choose this kind of vehicle. With Good for you, Good for all, Arval will have 500,000 electrified vehicles on the road in 2025, as well as registering a 30% reduction in its fleet’s average CO2 emissions, and a 10% decrease in its overall accident rate.
Connected & Flexible
Arval is building a simpler and highly connected leasing offer. Based on a combination of new technologies and services, it will enable drivers to enter a new era of mobility with a much simpler driving experience. With Connected & Flexible, Arval offers new services such as automatic payment of street parking, remote booking of car washes, in-car delivery of packages that do not require the driver’s presence, voice assistant services (to find a garage or gas station, request assistance), etc. By 2025, more than 80% of Arval’s fleet will be connected and will offer a wider set of services to make the driver‘s life easier.
Since the creation of Arval in 1989, partnerships have been part of its DNA, starting with banks and car manufacturers, and now extending to other stakeholders. Arval Inside is a mindset: it’s about sharing Arval’s strongest areas of expertise with selected partners, to jointly build enriched and innovative mobility offers that perfectly fit the needs of clients in a win-win-win collaboration. In 2025, 100% of Arval countries will have signed successful partnerships with international or strong local players.