Arval Germany and Consors Finanz partner with Changan in Germany

Changan, one of China’s largest vehicle manufacturers, is moving forward with its expansion into Germany through a strategic partnership with Arval Germany and Consors Finanz, both operating under the BNP Paribas Mobility umbrella. The agreement positions Arval as Changan’s preferred leasing provider while Consors Finanz will handle portfolio and sales financing.

Under the partnership, customers will be offered integrated mobility services that bundle leasing, financing and related mobility solutions. According to the companies, the cooperation also links electric mobility with solar-energy options and is initially aimed at employees of Arval’s corporate clients in Germany.

The arrangement forms part of BNP Paribas Group’s broader mobility strategy, which consolidates mobility and financing services under the BNP Paribas Mobility brand.

“Changan is adding an exciting brand to our portfolio in the fast-growing BEV segment,” said Sébastien Valy, managing director of Arval Germany.

He said the collaboration with Consors Finanz creates a unified offering in which leasing, financing and services are “seamlessly interlinked,” providing value for dealers, businesses and customers. The service package includes dealer inventory financing, private customer financing and full-service leasing.

Bernd Brauer, head of mobility at Consors Finanz BNP Paribas, said the partnership demonstrates the company’s ability to operate in the captive sector alongside Arval.

“Thanks to our comprehensive product portfolio and tailor-made services, we provide merchants and customers with simple, fast and reliable access to financial solutions – all from a single source and one team,” he said.

China remains the world’s leading market for electric mobility. In 2024, battery-electric vehicles accounted for roughly 26% of total vehicle sales and about 58% of the hybrid and electric market. Nearly half of all vehicles sold in China were either hybrid or fully electric, underscoring the country’s accelerating shift toward BEVs.

Changan, which has produced more than 29 million vehicles and expanded internationally over several decades, is among the fastest-growing Chinese brands in the BEV segment. The company says it intends to bring this experience to the German market as it builds its local presence.

“Planning security is crucial when customers are faced with the choice of a new car brand,” said Steffen Obst, head of sales at Changan.

He said the company aims to create a strong ecosystem around its entry into Germany. “With Arval Germany and Consors Finanz at our side, we offer security, flexibility and a risk-free user experience – for companies and private individuals alike.”

The three partners said the new mobility offering will support Changan’s rollout in Germany by providing dealers and customers with established financing, leasing and service structures from launch.