Drivalia replaces Leasys Rent

FCA Bank Group has launched Drivalia to replace Leasys Rent as its new rental and mobility division.

The new company will position itself as an independent operator, no longer linked to a single car manufacturer.

Drivalia will offer a full range of mobility solutions, including electric car, car subscriptions and rental for all durations. The new company deals with mobility in all its facets, providing innovative mobility plans that combine flexibility, digital use, on-demand approach and sustainability.

Drivalia also announced the rebranding of its fully-electric car sharing service, LeasysGO!, which has been renamed e-GO! Drivalia. The service, which is already active in Turin, Rome and Milan with a fleet of only electric New Fiat 500s in free-floating mode (with no parking restrictions), will make its debut in France in the coming months and will then be launched in other major European countries

"The FCA Bank Group is undergoing an important transformation phase in view of the first half of 2023, when Crédit Agricole Consumer Finance will become our sole shareholder, subject to regulatory approvals. A fundamental project, which starts today with the presentation of Drivalia" said Giacomo Carelli, CEO of FCA Bank and Chairman of Drivalia.

"Thanks to our innovative and customisable plans, and an extensive international presence, we aim to become a top European player in the mobility of tomorrow, which is going to be more sustainable and accessible".

Drivalia plans to double the number of stores it operates across Europe, with a planned network of 1,300 by 2025.

Currently, Drivalia has operations in seven European countries (Italy, France, United Kingdom, Spain, Portugal, Greece and Denmark), but in 2023 it will expand to Germany, the Netherlands, Belgium, Switzerland and Poland.

Drivalia's fleet consists of 55,000 vehicles, 30% of which is made up of electric or plug-in hybrid vehicles today, that will become 50% in 2025.