ChargePoint and Arval sign international framework agreement to accelerate the transition to electric mobility
Paris, France. 6 June 2023 - ChargePoint Holdings, Inc. (NYSE: CHPT), a leading electric vehicle (EV) charging network, and Arval, a leader in full-service vehicle leasing and new mobility solutions and a company of the BNP Paribas Group, today announced the signing of an international framework agreement aimed at accelerating the transition to e-mobility for international corporate clients, small and medium companies, and private individuals.
This agreement allows fleet, financial and environmental managers, as well as other stakeholders, to take full control of the management of their electric vehicles, integrate with advanced fleet management systems, and enables them to achieve a high degree of automation in the provision and payment of electric fueling as they move towards full electrification.
ChargePoint will bring its expertise and comprehensive portfolio of charging solutions and service to Arval clients in several countries and progressing across Arval’s geographies over time. This portfolio can be made directly available to all customers of Arval and the electrified vehicles Arval leases, offering a wide range of services and support. The comprehensive electric vehicle charging solution will include a seamless digital on-boarding experience, billing solution, installation and maintenance, 24/7 customer support and smart chargers, providing a scalable and reliable solution that can be implemented across multiple sites and countries.
Arval customers can now use some of the world’s most advanced workplace charging solutions, in addition to home charging with an automatic reimbursement solution for drivers and access the wider charging network of over 485,000 charging ports across Europe.
This agreement will further improve Arval’s established electric vehicle solutions by complementing and expanding its current offerings and charging partnerships throughout progressively more geographies, allowing its customers to better find, access and pay for charging in a straight-forward and reliable manner. ChargePoint will in turn be able to better service workplace customers who are rapidly electrifying their fleets by providing services and hardware wherever these vehicles charge.
“ChargePoint is committed to the electrification of all transports by increasing access to essential EV charging for drivers and businesses throughout Europe, by partnering with Arval, we bring this one step closer” said André ten Bloemendal, Senior Vice President Europe at ChargePoint. “We have a long history of working closely with leaders, like Arval, who have shown commitment to providing a better way of moving. This partnership provides another important milestone in this journey”.
“As an international player in long-term rentals and new mobility services, supporting our customers in their energy transition is at the heart of our strategy. We have committed to lease 700,000 electrified vehicles by the end of 2025, of which half will be battery electric vehicles. Moving this way, and while the global charging infrastructure continues to develop, it is necessary we provide our customers with charging solutions for their vehicles. We are happy to work with partners such as ChargePoint to answer our clients’ needs and achieve our ambitious objectives,” adds Bart Beckers, Deputy CEO and Chief Commercial Officer of Arval.
About ChargePoint
ChargePoint is creating a new fueling network to move people and goods on electricity. Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks and a comprehensive portfolio of charging solutions. The ChargePoint cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail, and transport fleets of all types. Today, one ChargePoint account provides access to hundreds of thousands of places to charge in North America and Europe. To date, more than 158 million charging sessions have been delivered, with drivers plugging into the ChargePoint network on average every second. For more information, visit the ChargePoint pressroom, the ChargePoint Investor Relations site, or contact the ChargePoint North American or European press offices or Investor Relations.
About Arval
Arval specialises in full service vehicle leasing and new mobility solutions, leasing close to 1.6 million vehicles at the end of December 2022. Every day, more than 8,000 Arval employees in 29 countries offer flexible solutions to ensure seamless and sustainable journeys for its customers, ranging from large international corporate groups to smaller companies and individual retail clients. Arval is a founding member of the Element-Arval Global Alliance, a world leader in the fleet management industry, with more than 4 million vehicles across 55 countries. Arval was founded in 1989 and is fully owned by BNP Paribas. Arval is positioned within the Group’s Commercial, Personal Banking & Services division. www.arval.com
Press contact information
Arval
Christelle Paillès
Communications Director
ChargePoint
Matthew Enevoldson Communications Senior Manager, Europe
