The funds provided by the EIB will enable Drivalia to deploy around 2,900 new battery-electric vehicles for businesses and freelancers in Italy and Finland. These vehicles will be offered through long-term rental agreements. According to EIB estimates, the project is expected to reduce CO₂ emissions by approximately 3,000 tonnes per year compared to a similar fleet of internal combustion engine vehicles.

With this EIB-financed investment, Drivalia, which operates in 16 European countries with a fleet of around 216,000 vehicles, aims to expand further. The Turin-based company offers a comprehensive range of mobility solutions, including car rentals for all durations (short-, medium-, and long-term), monthly car subscriptions, and electric car-sharing.

The agreement supports the strategies of the EIB, the EU’s climate bank, and the Crédit Agricole Auto Bank Group (owner of Drivalia) in favour of increasingly sustainable mobility. This will be achieved by progressively increasing the number of battery-electric and plug-in hybrid vehicles in Drivalia’s fleet.

“The adoption of electric mobility is an essential component of the energy transition in Europe,” stated Gelsomina Vigliotti, Vice-President of the EIB. “With this operation, the EIB is supporting a project that accelerates the deployment of zero-emission vehicles in two markets with very different dynamics, contributing to the achievement of European climate goals and offering new sustainable solutions to businesses.”