Arval posts 5 6 growth in leased fleet and 52 rise in BEVs

Electric Vehicles are Becoming the New Normal in Leasing.

The Rise of Electric Vehicles

The leasing market has seen a significant shift in recent years, with electric vehicles (EVs) becoming increasingly popular. The leasing industry has responded by adapting its offerings to meet the growing demand for eco-friendly transportation options.

Key Statistics

1,796,396 leased vehicles worldwide at the end of 2023

573,086 ‘electrified’ vehicles (up 31% from 2023)

6% of new vehicle orders in 2024 were BEVs

The Benefits of Leasing an Electric Vehicle

Leasing an electric vehicle can offer several benefits, including:

Lower upfront costs

Lower monthly payments

Access to the latest EV technology

Environmental benefits (reduced carbon emissions)

Environmental Impact

Electric vehicles produce zero tailpipe emissions, making them an attractive option for those looking to reduce their carbon footprint. By leasing an EV, individuals can enjoy the benefits of eco-friendly transportation without the long-term commitment of owning a vehicle.

The Future of Leasing Electric Vehicles

As the demand for electric vehicles continues to grow, the leasing industry is expected to play a significant role in making EVs more accessible to a wider audience.

The company’s global fleet size has grown to 1.3 million vehicles, with the majority being cars.

The Element-Arval Global Alliance: A Leader in Fleet Management

A Growing Presence in the Global Market

The Element-Arval Global Alliance has made significant strides in expanding its client base and fleet size in recent years. This global leader in fleet management has seen substantial growth, with its services being utilized by a substantial number of corporate and retail clients worldwide.

Key Statistics and Milestones

Corporate Clients: 736,000 vehicles, a 6% increase from 2023**

Retail Segment: 554,000 cars, a 9% increase from 2023**

Global Fleet Size: 3 million vehicles, with the majority being cars**

A Diversified Client Base

The Element-Arval Global Alliance has successfully diversified its client base, catering to a wide range of industries and sectors. This has enabled the company to tap into various markets and expand its reach globally.

Fleet Management Expertise

The company’s expertise in fleet management has been instrumental in its growth.

The Rise of Mobility Services

The mobility services market has experienced significant growth in recent years, driven by increasing demand for flexible and affordable transportation options. This trend is expected to continue, with the global mobility services market projected to reach $1.4 trillion by 2025.

Key Drivers of Growth

Several factors have contributed to the growth of the mobility services market:

Increasing demand for flexible transportation options: With the rise of the gig economy and changing lifestyles, consumers are seeking more flexible and affordable transportation options. Advancements in technology: Improvements in technology have enabled the development of more efficient and cost-effective mobility services. Growing awareness of sustainability: Consumers are becoming increasingly aware of the environmental impact of their transportation choices, driving demand for more sustainable mobility options.

The Future of Mobility: Arval’s Vision and Strategy

As the world grapples with the challenges of climate change, urbanization, and technological advancements, the mobility sector is undergoing a significant transformation. Companies like Arval, a leading mobility firm, are poised to play a crucial role in shaping the future of transportation. In this article, we will delve into Arval’s vision and strategy for the future, exploring how they plan to create sustainable value in a profoundly changing market.

The Importance of Sustainability

Sustainability is at the heart of Arval’s strategy. The company recognizes that the mobility sector is a significant contributor to greenhouse gas emissions, and it is essential to reduce its environmental impact.

Arval’s Commitment to Sustainability

Arval, a leading fleet management company, is taking significant steps to reduce its environmental footprint and promote sustainable mobility solutions. The company’s commitment to sustainability is evident in its efforts to support clients in transitioning to electric vehicles (EVs) and low-carbon mobility options.

Electric Vehicle Adoption

Arval is actively promoting the adoption of electric vehicles among its clients. The company aims to achieve 100% of new vehicle orders for employee use to be battery-electric vehicles (BEVs) by 2025. This goal is part of Arval’s broader strategy to support clients in their transition to low-carbon mobility solutions.

Benefits of Electric Vehicles

Reduced greenhouse gas emissions

Lower operating costs

Improved air quality

Enhanced employee experience

Examples of Electric Vehicle Adoption

Arval has partnered with several major automotive manufacturers to offer a range of BEV models to its clients. The company has also implemented a fleet electrification program, which provides incentives and support to clients looking to transition to low-carbon mobility solutions. ### Low-Carbon Mobility Solutions

Low-Carbon Mobility Solutions

Arval is also investing in the development of low-carbon mobility solutions, including alternative fuel vehicles and public transportation options.

The company will release its annual report, which will include the company’s financial performance for the year 2024, as well as the company’s strategy for the year 2025.

Arval’s Annual Financial Statement: A Look Ahead to 2025

Arval, a leading provider of vehicle leasing and fleet management solutions, is set to publish its annual financial statement on 7 March 2025.