As businesses across Europe intensify efforts to reduce carbon emissions, corporate mobility is becoming a major focus of the transition to cleaner transportation. Companies are increasingly replacing traditional vehicle fleets with electric alternatives to meet sustainability goals, lower operating costs, and comply with evolving environmental regulations. Financial institutions are also playing a growing role by supporting projects that encourage the large scale adoption of zero emission vehicles. Strengthening this momentum, mobility provider Drivalia has secured significant financing that will expand electric vehicle availability for businesses while advancing Europe’s broader climate ambitions.
Drivalia, the mobility and rental company of the Crédit Agricole Auto Bank Group, has signed a €48 million financing agreement with the European Investment Bank to support the deployment of battery electric vehicles across Italy and Finland.
The investment will enable the company to introduce nearly 2,900 new battery electric vehicles through long term rental agreements for businesses and self employed professionals, reinforcing its commitment to sustainable mobility solutions.
Expanding Electric Corporate Fleets
The financing will support the expansion of Drivalia’s electric fleet in two important European markets where demand for sustainable transportation continues to grow.
According to company estimates, the additional battery electric vehicles will help businesses transition away from conventional internal combustion engine vehicles while significantly lowering environmental impact.
The European Investment Bank expects the project to reduce greenhouse gas emissions by approximately 3,000 tonnes of carbon dioxide each year compared with an equivalent fleet powered by traditional engines.
The initiative reflects the increasing role of financial partnerships in accelerating the adoption of cleaner transportation technologies throughout Europe.
A Comprehensive Mobility Provider
Drivalia offers a wide portfolio of mobility services designed to meet the evolving needs of individuals, professionals, and businesses.
Its services include electric car sharing, vehicle subscriptions, short and long term rentals, and integrated mobility solutions that combine flexibility with digital convenience.
Operating across 16 European countries, the company manages a fleet of approximately 216,000 vehicles while continuing to expand its presence in sustainable mobility.
Its strategy focuses on providing accessible transportation options that simplify the transition towards electric mobility for both private and corporate customers.
Building a Strong Charging Network
To support growing electric vehicle adoption, Drivalia has invested heavily in charging infrastructure through its expanding network of Mobility Stores.
Since opening its first Mobility Store in 2019, the company has continued to increase customer access to integrated mobility services across Europe.
Its first fully electrified Mobility Store was launched at Turin Caselle Airport in 2020, demonstrating the company’s early commitment to electric transportation.
Today, the network includes more than 1,900 charging points installed across its locations, providing customers with convenient access to charging infrastructure while supporting wider electric vehicle adoption.
Expanding Flexible Mobility Solutions
Alongside fleet electrification, Drivalia continues to introduce innovative mobility products that provide greater flexibility for customers.
Recent offerings include CarCloud 2027, a monthly vehicle subscription that allows customers to secure favourable pricing before activating their subscription later in the year.
The company has also introduced Drive to Buy, a long term rental solution that gives businesses and freelancers the opportunity to purchase their rented vehicle at a predetermined price if Drivalia decides to sell it at the end of the rental period.
These products are designed to reduce uncertainty while offering greater financial predictability and long term value for customers.
Supporting Europe’s Sustainable Future
The financing agreement aligns with the sustainability strategies of both Drivalia and the European Investment Bank, which continues to support projects that contribute to Europe’s climate objectives.
The investment will further increase the proportion of electric and plug in hybrid vehicles within Drivalia’s fleet while helping businesses adopt cleaner transportation solutions.
As demand for environmentally responsible mobility continues to rise, Drivalia is strengthening its position as one of Europe’s leading mobility providers. By combining innovative vehicle services, expanding charging infrastructure, and strategic financial partnerships, the company is accelerating the transition towards zero emission transport while making electric mobility more accessible for businesses across Europe.