News

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.

Across much of Europe, we have made significant progress in terms of road safety over the past two decades – road traffic fatalities have fallen by two thirds since 2000. But the rate of improvement has stalled recently, with half of European countries even posting increased vehicle-related fatalities in 2021. In spite of vast improvements to vehicle safety, we are not yet on the trajectory set out by “Vision Zero” – the European Union’s aim to reduce Road Safety deaths by half through the end of 2030 and to zero by 2050.
Protecting human lives and livelihoods disproportionately contributes to economic and social gain. What’s more, improving road safety and reducing emissions are both clear commitments made within the United Nations Sustainable Development Goals.And it simply makes sense; it’s the humane thing to do.

This is why we felt it important to write this paper now – to reemphasize the urgency of this problem, highlight the key levers, and outline opportunities for improvement.

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.

It’s often said that car subscription marks the birth of car usership after over a century of car ownership. But that’s not completely true. After all, car rental consists of using a car for a few days – and it was invented in the 1900s. And car leasing consists of using a car for a few years, and it’s been around since the 1930s.

In both cases, the car is usually provided inclusive of services (maintenance, insurance, tires, etc.) in exchange for a daily (rental) or monthly (leasing) fee. At the end of the agreed period, the customer returns the car to the rental or leasing company and has never owned the vehicle, just used it.

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.

The Arval Mobility Observatory, an industry expert in the recording and forecasting of corporate mobility trends, has published the results of its latest barometer, an international survey, unique in terms of scope but also in terms of topics discussed. In 2023, a record number of company decision makers were interviewed to gather feedback from 30 countries. For the first time, the barometer includes the Element- Arval Global Alliance countries of USA, Canada, New Zealand, Australia and Mexico.

With the publication of its Sustainability Report 2022, Arval highlights how it is contributing to the United Nations Sustainable Development Goals (SDGs) and progressing with the targets of Arval Beyond, its strategic plan for 2025. On this occasion, we ask Karen Brunot, Chief Sustainability Officer, about the company’s vision for shaping a better world, and find out how it is delivering on its objectives in terms of sustainability.