Strategy

Lightyear – the Dutch high-tech company producing the world’s first solar-powered electric car, Lightyear 0, – has signed a pre-order agreement with Arval, Europe’s #1 full service multibrand vehicle leasing company, and key player in sustainable mobility solutions owned by the BNP Paribas Group. The pre-order entails 10,000 units of Lightyear 2, Lightyear’s accessible mass-market model. With that, the company has a new go-to mobility partner for corporate clients and consumers to experience solar-electric mobility in Arval’s key markets in Europe. The grand total of Lightyear 2 pre-orders from B2B partners now exceeds 21,000 units, corresponding to a revenue of nearly €840 million. This news comes one week after Lightyear has opened the Lightyear 2 waitlist for consumers to get priority in the pre-order process later this year.

Arval, part of BNP Paribas Group, announces the completion of the acquisition of Terberg Business Lease Group B.V. (TBLG) in the Netherlands and Belgium by its Dutch subsidiary Arval B.V. (Arval), which was announced earlier this year. Arval acquires 100% of the shares from its shareholders Royal Terberg Group and AutoBinck Group.

Arval’s activity continued to develop well in the first half of 2022 thanks to the quality of its services and the strength of its business model: the leased fleet grew by 5.9% compared to the end of June 2021reaching 1,500,536 vehicles despite longer delivery time for new cars in connection with the shortage of semi-conductors and a challenging overall context in the automotive sector.

Arval announces today that its Dutch subsidiary Arval B.V. has signed an agreement for the acquisition of Terberg Business Lease Group B.V. (TBLG) from its shareholders Royal Terberg Group and AutoBinck Group.

BNP Paribas Real Estate and Arval step up synergies to promote sustainable mobility
BNP Paribas Real Estate reinforces its mobility policy with the aim of reducing the environmental impact of its employees’ travel needs, while meeting their new mobility expectations. This process goes beyond simply managing the company’s car fleet or business travel. It also takes into account employee travel requirements, including commuting.

BCR Group and Arval Romania have signed an agreement for the transfer of part of the operational leasing activities of BCR Fleet Management.

Banks and their ecosystems have a major role to play in accelerating companies and industries' transition towards sustainable mobility.

Arval, a global leader in full-service vehicle leasing and sustainable mobility solutions is expanding its first international biodiversity project launched in 8 Arval countries in 2021 to all remaining countries where the company is operating, in 2022. The project in a nutshell: One tree will be planted or regenerated** for each electrified vehicle (electric and hybrid) leased by Arval. Local projects have been identified in 17 countries while the remaining 11 countries will be contributing to a global project in Peru. The objective is to promote local biodiversity and engage employees locally as well as Arval customers. By the end of 2025, Arval’s ambition is to have financed more than 700,000 trees in line with the Arval Beyond strategy.

Once again in 2021, Arval’s activity continued to outperform the market thanks to the quality of its customer-centric approach and its ambitious 2025 strategic plan, Arval Beyond.