FCA Bank Group has launched a new rental and mobility company, dubbed Drivalia and taking over from Leasys Rent.

Drivalia will focus on solutions that combine flexibility, digital use, on-demand approach and sustainability

Revealed at the Paris Motor Show, the new business has been created “with the ambition of becoming one of the leading European operators in the mobility sector of tomorrow”. It will also be positioned as an independent operator, no longer linked to a single car manufacturer, but “open to new opportunities and partnerships”, such as the recent tie-up with Tesla.

The new brand will also expand on the existing work in car rentals and subscriptions, branching out into mobility in all forms using its fully integrated ‘Planet Mobility’ system. This will include electric car sharing, along with rental, plus car subscription solutions, such as CarCloud and Be Free Evo. The focus will be on solutions that combine flexibility, digital use, on-demand approach and sustainability.

Drivalia also announced the rebranding of the LeasysGo! fully electric car sharing service, now known as e-Go! Drivalia. The service, already active in Turin, Rome and Milan with a fleet of fully electric Fiat 500s, will debut in France in the coming months and then roll out to other major European countries.

And the brand will grow geographically. Drivalia currently has operations in seven European countries (Italy, France, the UK, Spain, Portugal, Greece and Denmark), but in 2023 it will expand to Germany, the Netherlands, Belgium, Switzerland and Poland.

Its fleet is also expanding. It has some 55,000 vehicles currently in operation, which will rise to 160,000 in 2025. And while 30% is made up of electric or plug-in hybrid vehicles today, this will become 50% in 2025.

Giacomo Carelli, CEO of FCA Bank and chairman of Drivalia, said: “Thanks to our innovative and customisable plans, and an extensive international presence, we aim to become a top European player in the mobility of tomorrow, which is going to be more sustainable and accessible.”

The new plans come as the FCA Bank Group prepares for an important transformation phase in the first half of 2023, when Crédit Agricole Consumer Finance will become its sole shareholder, subject to regulatory approvals.