Arval to embrace mobility with new business strategy

By Matt De Prez

7 October 2020

Arval is transforming its business plan to support a new requirement from fleets for sustainable mobility solutions, alongside its full-service leasing proposition.

The business said its customer expectations have changed in terms of mobility and environmental impact, leading to the development of the Arval Beyond strategy.

“Arval Beyond strategy is a five-year plan that encompasses this new mind-set, with a strong ambition: not only strengthening our historical business model, but going beyond it to become the industry benchmark in terms of sustainable mobility solutions," said Alain Van Groenendael, Arval chairman and CEO.

“With this new plan, we are committed to delivering an integrated mobility experience for our customers, to providing them support during the energy transition, simplicity through connected and flexible products and services, and to co-building added value and innovative offers with new partners.”

Its new 360° Mobility proposition transforms the business from a car-centric company into a mobility company. It will provide corporate clients and their employees with sustainable mobility options, such as e-bike leasing, car sharing and micro-mobility solutions.

Arval aims to become a leader in energy transition and sustainability by helping customers to protect the environment and create safer roads. Its integrated EV offers are designed to lift the constraints associated with EVs and facilitates their adoption.

The company aims to have 500,000 electrified vehicles on the road in 2025, as well as registering a 30% reduction in its fleet’s average CO2 emissions, and a 10% decrease in its overall accident rate.

New technologies and services are being developed to provide drivers with a much simpler driving experience. Arval will offer automatic payment of street parking, remote booking of car washes, in-car delivery of packages that do not require the driver’s presence and voice assistant services.

The new mobility strategy follows the announcement of Arval's new used car platform Autoselect, which enables it to sell ex-lease vehicles online.

You can read more about Arval's new strategy in the October edition of Fleet News, released on October 22.