Leasys signs €600m financing agreement with EIB

Leasys, the joint venture between Stellantis and Crédit Agricole Personal Finance & Mobility, has signed a major financing agreement with the European Investment Bank (EIB) to expand zero-emission mobility across Europe.

The deal marks the first collaboration between the two organisations and will support the Pan-European Clean Fleet Transport project.

Under the agreement, the EIB will provide a €300 million credit envelope, matched by a €300 million co-investment from Leasys. The combined €600 million will fund the deployment of 24,000 zero-emission vehicles across 10 European markets, including Italy, France, Germany, Spain and Portugal.

The initiative forms a key part of Leasys’ strategy to accelerate the shift to cleaner mobility solutions. By expanding access to electric vehicles for corporate and private customers, the project is expected to deliver measurable environmental benefits, including lower emissions, improved air quality and reduced noise levels in urban areas. It will also strengthen Europe’s clean-mobility value chain by encouraging greater EV adoption and supporting innovation across the sector.

“This financing enables us to respond more effectively to the growing demand for zero-emission mobility from businesses and private drivers across our markets.”

“Rental and leasing companies, which manage millions of vehicles and regularly refresh their fleets, are uniquely positioned to drive the electrification of Europe’s vehicle fleet. Supporting companies like Leasys is a good way to accelerate the EU’s electrification and accompany Europe’s transition to a low-carbon economy.”