Arval specialises in full service vehicle leasing and new mobility solutions, leasing almost 1.4 million vehicles as at 30 June 2020. Every day, more than 7,200 Arval employees in 30 countries offer flexible solutions to make journeys seamless and sustainable for its customers, which range from large international corporates to smaller companies and individual retail clients.
Arval is a founding member of the Element-Arval Global Alliance, a worldwide leader in the fleet management industry, with 3 million vehicles in 50 countries. Arval was founded in 1989 and is fully owned by BNP Paribas, within the Group, Arval sits within its Retail Banking & Services division.
Arval Products & Services
In October 2020, Arval launched its new strategy Arval Beyond: a five-year plan with a strong ambition: not only strengthening its historical business model (full-service leasing), but going beyond it to become the industry benchmark in terms of sustainable mobility solutions. Four new offers have been created:
360deg Mobility: 360deg Mobility transforms Arval from a car-centric company into a mobility company. It ensures Arval provides all its corporate clients and their employees, in all its geographies, with the sustainable and state-of-the-art mobility options they need, such as e-bike leasing, Car sharing & Micro-Mobility Solutions, MaaS applications, etc.
Good for you, Good for all: Arval aims to become a key leader in the energy transition and sustainability by helping customers to protect the environment and create safer roads. With its integrated EV offers, Arval lifts the constraints usually associated with EVs and facilitates their adoption (leasing of an EV combined with an e-bike, possibility to switch to a combustion engine for several weeks per year, vehicle to grid option, etc.). In addition to its road safety programmes, Arval offers a reduction in insurance premium for vehicles equipped with Advanced Driver Assistance System.
Connected & Flexible: Arval is building a simpler and highly connected leasing offer. Based on a combination of new technologies and services, it will enable drivers to enter a new era of mobility with a much simpler driving experience. With Connected & Flexible, Arval offers new services such as automatic payment of street parking, remote booking of car washes, in-car delivery of packages that do not require the driver's presence, voice assistant services (to find a garage or gas station, request assistance), etc.
Arval Inside: Since the creation of Arval in 1989, partnerships have been part of its DNA, starting with banks and car manufacturers, and now extending to other stakeholders. Arval Inside is a mindset: it's about sharing Arval's strongest areas of expertise with selected partners, to jointly build enriched and innovative mobility offers that perfectly fit the needs of clients in a win-win-win collaboration.
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