Leasys unveils its electrification strategy

• Leasys illustrates the electrification strategy development plan that will complete its "mobility revolution" project launched in 2020.
• By 2024, Leasys’ short-term fleet will be 75% electric and plug-in hybrid, 100% by the end of 2027. Additionally, the 1,000 electric fast charge points already installed in Europe will be tripled, reaching a total of 3,000 within 3 years.
• Leasys' strategy will be coupled with an innovative set of "one minute to a lifetime" mobility solutions, designed to promote the adoption of zero-emission vehicles: CarCloud, Leasys Miles and Unlimited, already available in all markets where the Company operates.
• LeasysGO!, the zero emission car sharing will be launched in France by the end of 2021, and in Spain within the 2022.
• Another pillar of Leasys, the new course, was represented by the issuance a Green Bond, for the first time in the Group’s history.

Rome, 13 October 2021

Fully electric, flexible and environment friendly. This is what the near future of mobility looks like for Leasys, the leading long-term rental company in Italy and major player at European level, which aims to complete the "mobility revolution" project launched over a year ago by 2024. The Company, a Stellantis brand and a subsidiary of FCA Bank, announces its electrification strategy and development plan for the upcoming years.

Specifically, by 2024 Leasys’s short-term fleet will be 75% electric and plug-in hybrid, 100% by the end of 2027, with a total fleet of more than 500,000 vehicles devoted to long, medium and short-term rentals. Within three years, the 1,000 fast charge points currently existing in Europe will triple, reaching a total of more than 3,000 in the 12 countries where Leasys is operational: Austria, Belgium, Denmark, France, Germany, Greece, Italy, the Netherlands, Poland, Portugal, the United Kingdom and Spain.

The new Electrification strategy will unfold fully also at service level, with the offering of several 'from a minute to a lifetime' mobility solutions, designed to promote the adoption of zero-emission vehicles without the burden of ownership. Such solutions will range from CarCloud, the innovative monthly car subscription available in France, Italy and Spain, to Leasys Miles, the long-term rental pay-per-use product, ideal for occasional usage of the vehicles.

Customers will be able to choose Leasys Unlimited, another LTR product which combines in a single package all you need to enjoy a full peace of mind rental experience: unlimited kilometres as well as unlimited recharges at the Leasys Mobility Stores.

On top of that, customers will be able to try out and rent one of the New fully electric 500s with LeasysGO!, the company’s car sharing service currently operational only in 3 cities in Italy - Turin, Milan and Rome - but is ready to be launched in France by the end of 2021 and in Spain the following year. All of these solutions have been designed and deployed to foster customers’ acquaintance with electric mobility, lowering the barriers to entry in terms of logistics, flexibility and costs.

Finally, the 'mobility revolution' has also had a significant impact on the financial front. In July, Leasys placed a €500 million Green Bond, maturing in July 2024 and paying a fixed-rate coupon of 0.00 per cent. This issuance marks an important milestone for FCA Bank and Stellantis, as it represents the first issue of this kind for the Group. The Green Bond has been very well received by the market, raising € 2.3 billion euros from over 129 investors, and its proceedings will be used to finance the expansion of its fleet of low emission vehicles as well its network of fast charging points, further consolidating Leasys’s electrification efforts.

Leasys

Leasys, a Stellantis Brand and a subsidiary of FCA Bank, a 50:50 joint venture between Stellantis and Crédit Agricole, was established in September 2001. Leasys provides a complete and innovative system of mobility services to individuals, professionals and businesses of all sizes: from short-, medium- and long-term rentals to peer-to-peer car sharing via the U Go platform and I-Link. At the end of 2019, it launched the first car subscription service in Italy with CarCloud. With the Clickar brand, Leasys is also one of the leading Italian online and offline retailers of pre-owned company cars to individuals, professionals and companies. Headquartered in Italy, Leasys began a process of internationalization in 2017 by opening multiple offices throughout Europe: today the company operates in Spain, France, the United Kingdom, Germany, Belgium, the Netherlands, Portugal, Denmark, Greece, Austria, and Poland, managing a fleet that will have over 400,000 vehicles by the end of 2021. In June 2019, the company launched the Leasys Mobility Stores, physical outlets with a grassroots presence across Italy. The Stores, which provide customers access to all the mobility services provided by Leasys, are now available in France and Spain as well and will open soon also in the other European countries where the company is operational. With the launch of the first totally electrified Mobility Store in Torino Caselle airport in 2020, followed by many others, Leasys has become a key operator also for sustainable mobility. In fact, thanks to the over 1,000 charging stations installed in all the stores, Leasys has Italy’s largest private electrified network. In 2021, the electrification project will continue also in the European countries in which Leasys operates. For more information: www.leasys.com

FCA Bank
FCA Bank S.p.A. is a bank engaging mainly in car finance, with the aim to meet all mobility requirements, including through its Leasys S.p.A. subsidiary. It is an equally-held joint venture between the global automotive company Stellantis and Crédit Agricole, leader in consumer credit. FCA Bank S.p.A. provides financing products to drive the sales of prestigious car brands in Italy and in Europe. The loan, lease, rental and mobility financing programs provided by FCA Bank S.p.A. are specifically designed for sale networks, private customers and corporate fleets. FCA Bank S.p.A. is operational in 17 European countries and in Morocco, directly or through branches. At 31 December 2020, FCA Bank had a total loan and lease portfolio of approximately €26.2 billion.

For more information: www.fcabankgroup.com

Communication Manager
Valentina Lugli – valentina.lugli@stellantis.com

Press Officer
Leonardo Umbrella – leonardo.umbrella@stellantis.com