In most EU countries, plug-in hybrid electric vehicles (PHEVs) still account for the largest number of green vehicles on the road. It will enable ALD | LeasePlan to further develop its range of electric vehicles (battery electric vehicles and plug-in hybrid electric vehicles) across the European Union, in the countries covered by both companies.ĮU targets for tackling climate change - which involves a major reduction in CO 2 emissions - effectively require a gradual move to electric or plug-in hybrid cars.

This operation breaks down into a €300 million credit envelope from the EIB (on favourable financial conditions) and an equivalent €300 million investment made by ALD | LeasePlan for a duration of three years. Following on from the major financial partnership signed in 2019 to support the transition to a sustainable economy via green vehicle development, the European Investment Bank (EIB) and ALD | LeasePlan, the leading global sustainable mobility player, have launched a new operation to further accelerate the growth of the ALD | LeasePlan hybrid and electric vehicle fleet in Europe.

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