LeasePlan and Arrival sign partnership to bring electric vans to European cities
LeasePlan and Arrival, (NASDAQ: ARVL) the global technology company creating electric vehicles (EVs) with its unique technologies, today announce that LeasePlan will be the preferred operational leasing partner for Arrival electric vans. The partnership is based on an initial order of 3,000 vans, with the sales agreement expected to be finalised in Q3 2021.
Partnership is based on an initial order of 3,000 vans, with the sales agreement expected to be finalised in Q3 2021.
Arrival accelerates the mass adoption of EVs at scale globally by producing affordable commercial vehicles, with a substantially lower Total Cost of Ownership (TCO). This is enabled by Arrival’s unique new method of design and production in rapidly scalable Microfactories which utilises the company’s in-house technologies, including materials, software, hardware and robotics.
LeasePlan has a global fleet of approximately 1.9 million vehicles and is one of the world’s leading providers of delivery vans-as-a-service – nearly 1 in every 4 LeasePlan vehicles is an LCV (light commercial vehicle). LeasePlan’s ambition is to achieve net zero emissions from its funded fleet by 2030.