Arval Increases UK and Global Fleet Orders By 15% During Pandemic – Global Fleet

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 Arval posted growth during 2021 in what chairman and CEO, Alain van Groenendael, said was “an amazing year”. - Credit: Arval

 Arval posted progress throughout 2021 in what chairman and CEO, Alain van Groenendael, mentioned was “a tremendous yr”.

Credit score: Arval

Arval studies that its fleet orders within the UK grew by 15% in what it says was a flat market throughout the pandemic-affected 2021.

Lakshmi Moorthy, Arval UK managing director referred to as it a “robust yr for Arval UK” as the corporate consolidated its place because the third largest leasing firm within the UK, regardless of the pandemic and the scarcity of recent automobiles.



UK managing director Lakshmi Moorthy reports 2021 was a “strong year” for Arval with 47% of orders for electrified vehicles. - Credit: Arval

UK managing director Lakshmi Moorthy studies 2021 was a “robust yr” for Arval with 47% of orders for electrified automobiles.

Credit score: Arval


Moorthy added: “As a pacesetter in sustainable mobility, we continued to help our shoppers of their electrification journey within the run as much as the UK’s street transport decarbonisation agenda for 2030, whereas additionally successful accolades for our give attention to worker wellbeing.” Moorthy mentioned that almost half of the brand new orders (47%) have been for electrified automobiles.

The leasing and mobility firm posted the same uplift in automobile orders (15%) on a world foundation because it grew its fleet to1,469,753 leased automobiles.

In addition to its core operational leasing providing to company fleets, the corporate says it made developments in its mobility provision below the Arval Past technique for higher sustainability.

Internationally, Arval says that the variety of bike-leasing contracts grew by 54%, the variety of Mobility as a Service (MaaS) customers elevated by an element of 10, the variety of rented months with Arval mid-term rental rose by 34%, and 30% of Arval’s new orders have been for electrified automobiles.

Commenting on the efficiency, Arval’s chairman and CEO, Alain van Groenendael, mentioned that “total 2021 was a tremendous yr”. He added:

“We developed our new strategic plan earlier than the pandemic, with pioneering and visionary ambitions by way of power transition, mobility and partnerships. 2021 was a yr of consolidation. We’ve got offered as a lot help as doable to our shoppers to assist them cope with COVID-19 and, extra just lately, the automobile scarcity, and have thus reported unbelievable outcomes for our exercise.”

Arval mentioned that it anticipated 2022 to be a dynamic yr for the mobility sector with a state-of-the-art automotive sharing platform to be launched in Q1 with the mobility start-up Ridecell, together with mobility financing options for Jaguar Land Rover.

Initially posted on Global Fleet Management



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