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January 12, 2022updated 23 Feb 2022 5:47am

Arval and Ridecell ink deal for shared mobility solutions

Goal is to offer coverage in all Arval's markets worldwide, with plans to grow car sharing fleet by 50% each year.

By Simon Warburton

Arval and Ridecell have signed a partnership to accelerate the development of end-to-end mobility solutions.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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In 2022, the new Arval Car Sharing platform will soft launch in Belgium, with a widespread roll out in the latter half of the year, expanding to other European countries.

Ultimately, the goal is to offer coverage in all Arval’s markets worldwide, with plans to grow the car sharing fleet by 50% each year.

Arval and Ridecell’s five-year agreement aligns with Arval’s 2020-2025 plan, Arval Beyond, which aims to offer customers a mobility experience.

Through connected products and services, Arval’s plan will support users through their energy transition.

“For several years, Arval has clearly identified multimodal mobility solutions as an answer to the market demands for easier, faster, more comfortable and environmentally friendly experiences,” said Arval chairman and CEO, Alain van Groenendael.

“Ridecell is a very experienced partner, capable of providing our customers [with] a car sharing platform. We believe Ridecell will make a significant contribution to Arval’s mobility transformation objectives.”

The new Arval Car Sharing offer will also integrate with The Arval Mobility App, a B2B MaaS solution, which enables employees to choose the most suitable mobility option for their journey.

The partnership will support the recently- launched Arval Mobility Hub concept, which gathers shared mobility options including car, bike and micro-mobility solutions in one location. It is available at Arval corporate clients’ premises.

https://ridecell.com/news/arval-and-ridecell-sign-strategic-partnership-to-deploy-next-generation-shared-mobility/

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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