Auto leasing specialist Arval, a BNP Paribas bank subsidiary, on Thursday said it would partner with Renault to lease electric cars developed by the French automaker’s alliance with Nissan.
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Uwe Hochgeschurtz, director of Renault’s corporate sales division said: “Electric vehicles have characteristics that meet companies’ specific requirements in terms of running costs and respect for the environment. We are convinced that our partnership with Arval will enable us to take the real ecological and economic leap that we are aiming for with our Renault eco² signature.”
The alliance plans to offer a full range of electric vehicles from 2011.
Renault and Arval will jointly “develop innovative offers”, they said in a joint statement, without elaborating.
“Arval is convinced that the electric car is one of the solutions to environmental and energy issues,” the statement added. It would work with Renault to offer “appropriate full service leasing solutions”.
Chairman and CEO Laurent Tréca said: “Arval has been interested in alternative solutions to “all petrol” for a long time. The determination with which Renault, a leading volume car manufacturer, is working on this, considerably improves the likelihood of seeing electric vehicles as a credible alternative to the traditional petrol engine.”
Arval offers multi-brand full service leasing and corporate fleet management and claimed 602,000 vehicles leased and 688,000 vehicles managed in 22 countries as of the end of 2008.
