LeasePlan and Arrival Partner to Bring Revolutionary Electric Vans to European Cities
The partnership is established based on an initial order for 3,000 vans, with the sales agreement expected to be finalized in the 3rd quarter of 2021.
LeasePlan and Arrival (NASDAQ: ARVL), the global technology company that creates electric commercial vehicles (eLCV) with its unique technologies, announced that LeasePlan will be the preferred renting partner for Arrival electric vans. The partnership is established based on an initial order for 3,000 vans, with the sales agreement expected to be finalized in the 3rd quarter of 2021.
Arrival accelerates the massive adoption of EV on a global scale, producing affordable commercial vehicles with a substantially lower Total Cost of Ownership (TCO). This is made possible by Arrival's unique new design and production method in rapidly scalable Microfactories that utilizes 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 - almost 1 in 4 LeasePlan vehicles is a VCL (Light Commercial Vehicle). LeasePlan's ambition is to achieve zero net emissions from its financed fleet by 2030.