From 500.000 to 700.000 EVs

More ambitious, more responsible: Arval scales up its electrified vehicle target from 500,000 to 700,000 by the end of 2025

Arval 21 Dec 2021

In 2020, at the launch of its new strategic plan, Arval set itself the goal of leasing 500,000 electrified vehicles (hybrid and electric) by the end of 2025.

With the health crisis, the advent of mobility and climate awareness, individuals as well as companies are more and more convinced of the importance to initiate the energy transition.

Arval has always positioned itself as a committed player in this transition by adopting an ambitious CSR strategy. The company provides its customers with tools, products and services to help them transform their mobility and support them in their energy transition.

To take this ambition even further, Arval is now revising its objective, from 500,000 to 700,000 electrified vehicles by 2025, meaning one third of its total leased fleet* across all geographies.

"The next few years’ challenge remains the ramping up of the infrastructure and recharging network for electrified vehicles, the expansion of the range of this type of vehicle, and of course their availability. However, we are convinced that the change in mentality - key in the adoption of electrified vehicles - has been made, and we are determined to play our role as an advocate of electrified mobility."

Alain van Groenendael, Chairman and CEO of Arval

 

*Arval entities’ fleet (passenger cars and LCVs) at end of 2025

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