News

Arval, a leader in long-term leasing of vehicles and mobility solutions, supports Carglass® in the management and electrification of its vehicle fleet.

In line with its strategic plan Arval Beyond, Arval aims to become a leader in sustainable mobility with the objective of electrifying 150,000 vehicles in its fleet in France by 2025 and reducing its global fleet emissions by 35%.

Arval, a leader of full-service vehicle leasing and mobility solutions, presents a new offer for companies available in France: the Arval Mobility Pass, a tool to simplify the mobility management of their employees. To launch this solution, Arval is partnering with Betterway, the market leader in sustainable mobility pass for employees in France. Through a physical or virtual card, employees can easily spend their mobility grants, whether they benefit from an FMD (Sustainable Mobility Package), and/ or a Mobility Credit provided by their employer.

In an environment that remains complex for the automotive sector, Arval's activity growth continued during the first half of 2023 with orders increasing by 10.8% compared to the first half of 2022, maintaining the positive momentum of previous years.

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.