News

Arval, a leader of full-service leasing and sustainable mobility solutions, has reached the threshold of 500,000 connected vehicles, increasing its connected fleet by 20% compared to last year.

PARIS, TORONTO and TOKYO, June 30, 2023 – Arval, Element Fleet Management (“Element”) and Sumitomo Mitsui Auto Service (“SMAS”), through the Element-Arval Global Alliance (“the Alliance”), today announced a tri-lateral strategic cooperation agreement. The agreement will facilitate enhanced access for global clients to full-service lease and fleet management services in the markets of Japan, Thailand, India and Indonesia through SMAS.

Arval, a leader in the multi-brand leasing of corporate vehicles, and specialist in mobility solutions, supports Chronopost in the management and electrification of its fleet.
For the past 10 years, Arval France has been supporting the transformation of nearly half of Chronopost’s fleet, which currently consists of 1,800 vehicles in full-service leasing throughout France, including 7% gas-powered vehicles, 51% diesel, 24% hybrid vehicles (gasoline and electric) and 15% electric vehicles. The vast majority of these vehicles are for last mile deliveries.

To support the growth of the bicycle market, Arval is expanding its long-term leasing offer through a partnership with the start-up Zenride, specialized in bike leasing solutions.

Modern mobility is subject to constant change. This also applies to the market for mobility offers for private individuals. For some years now, the car subscription model has been enjoying growing popularity. In addition to purchasing, financing and leasing, this gives private individuals another alternative for using a car. Against this background, Arval is constantly developing and is deepening its cooperation with the automotive brand MG Motor with a joint car subscription model.

ChargePoint Holdings, Inc. (NYSE: CHPT), a leading electric vehicle (EV) charging network, and Arval, a leader in full-service vehicle leasing and new mobility solutions and a company of the BNP Paribas Group, today announced the signing of an international framework agreement aimed at accelerating the transition to e-mobility for international corporate clients, small and medium companies, and private individuals.

Arval and Element Fleet Management, through their Element-Arval Global Alliance, today announced that SIXT Mega Rent has become a new member of the world-spanning fleet management network, the longest standing strategic alliance in the fleet management and leasing industry for the benefit of clients with global needs. To date, partners of the Alliance manage more than 4 million vehicles under management and now operate in 55 countries across five continents.

Despite challenging environment and auto sector, Arval continued to grow in 2022, maintaining the positive momentum of previous years.

Arval, a global leader in full service vehicle leasing and new sustainable mobility solutions, announces two new appointments: Dan Boiangiu as General Manager of Arval Belgium, and Julie Meynard as Director of the Arval International Business Office (IBO). This, follows Laurent Loncke’s nomination as the new General Manager of BNP Paribas Fortis Retail Banking.