Leasys signs financing agreement with the European Investment Bank to accelerate electric mobility across Europe

Leasys – the joint venture between Stellantis and Crédit Agricole Personal Finance & Mobility – and the European Investment Bank (EIB), signed a new financing agreement to support the Pan-European Clean Fleet Transport operation, aimed at promoting electric mobility in Europe.

The project foresees a €300 million credit envelope granted by the EIB and an equivalent €300 million co-investment made by Leasys, for a total of €600 million, supporting the deployment of a 24,000 zero-emission vehicles fleet across 10 European countries, including Italy, France, Germany, Spain and Portugal.

The initiative strengthens Leasys’ strategy to accelerate the transition to cleaner mobility solutions and expand access to electric vehicles for both corporate and private customers. The project is expected to deliver significant environmental benefits, with fleet performance substantially above current market averages, contributing to lower emissions, improved air quality and reduced noise levels in urban environments. It will also support the development of Europe’s clean-mobility value chain, fostering wider EV adoption and innovation across key markets.

“We are proud to strengthen our collaboration with the EIB through an agreement that accelerates the deployment of a modern, competitive and fully electric fleet across Europe,” said Andrea Bandinelli, CEO of Leasys. “This financing enables us to respond more effectively to the growing demand for zero-emission mobility from businesses and private drivers across our markets.”

“Supporting clean transport is central to the EIB’s climate goals. Rental and leasing companies, which manage millions of vehicles and regularly refresh their fleets, are uniquely positioned to drive the electrification of Europe’s vehicle fleet. Supporting companies like Leasys is a good way to accelerate the EU’s electrification and accompany Europe’s transition to a low-carbon economy”, said EIB Vice-President Ambroise Fayolle.