Drivalia intends to bring new mobility solutions to Czech Republic, including car subscriptions

• La società sarà presto operativa presso il Václav Havel Airport Prague.
• The product offering will include CarCloud car subscriptions, as well as variable rentals.
  The product offering will include CarCloud car subscriptions, as well as variable rentals.
• Drivalia can arrange a car for the customer for any required time frame – from one minute
  e to several years.
• The company envisions the future with alternative engines; it operates the largest private network
  of public charging stations in Italy.

Thus, the company will underline its position as a leader in the field of company car fleet management and
fleet management The emphasis will be on innovation based on the latest technologies and modern
business concepts such as car subscriptions or sharing of company cars, including
electric vehicles This vision was announced today by the company representatives announced in Prague at a press conference.

Drivalia belongs to the structure of Crédit Agricole, the tenth largest bank in the world. The Drivalia brand is owned by CA Auto Bank, which is owned by Crédit Agricole Consumer Finance. CA Auto Bank draws on nearly a century of experience in the mobility sector. It can provide customers with a car for any length of time – from one minute as part of a car-sharing arrangement to several years It places great emphasis on promoting alternative drives. In Italy, where it is headquartered, it operates more than 1,600 public charging stations, the largest private network in the country.

“Our goal is to democratize green mobility
making it accessible to the general public. We plan that by 2030, half of the new vehicles s in our fleet will be green” said
Giacomo Carelli, CEO of CA Auto Bank and Chairman of Drivalia.

“Entering the Czech market represents an important step in our pan-European growth strategy. We want to expand our total fleet to 300,000 vehicles by 2026. We are building on four pillars: rental, operational leasing, subscription and sharing” explains Paolo Manfreddi, CEO of Drivalia and Head of European Marketsand Business Development at CA Auto Bank

In the Czech Republic, Drivalia today manages the fleets of approximately 2,500 customers and has over 30,000
vehicles in its fleet. It offers tailor-made mobility for businesses regardless of their business or size. The core of the product portfolio will continue to consist of tools based on the principle of operational leasing. “Nothing changes in our status as a multi-brand provider. We will continue to seek the best solutions in the market for our clients, regardless of the car brand” adds Martin Brix, CEO of Drivalia Lease Czech Republic. The company will also continue to sell its used vehicles returned by customers after the termination of the operational lease contract. Customers can choose the high-quality vehicles in person at the brick-and-mortar shop in Vestec near Prague. The local company will gradually add solutions from Drivalia’s international offer to its product range. Already in the first quarter of next year, Drivalia plans to launch a Drivalia Rent car rental company at Prague’s Vaclav Havel Airport. This will appeal mainly to retail clients. This step will be followed by other services that Drivalia already offers abroad under the umbrella name “Planet Mobility”. These will include company car sharing, variable leases with different durations and CarCloud car subscriptions. Customers will not pay a monthly instalment for specific cars, but Drivalia will provide them with mobility according to their current needs as part of a regular monthly payment. According to Mr. Brix, this will enable more efficient fleet management. The same impact should also be seen with variable rentals, through which the company will provide a car for just one day, for example. The company expects to come up with these services after it fully launches the Drivalia Rent project. In the meantime, it is working on growing its customer fleet. In August this year, for example, Drivalia announced a major contract with the Czech Post, amounting to over 1,000 new vehicles to be delivered in the coming months. As of now, Drivalia operates in 13 European countries (Italy, Belgium, Czech Republic, Denmark, Finland, France, Ireland, the Netherlands, Norway, Portugal, Greece, Spain and the UK) and continues to expand to other countries. Later this year it will start operations in Germany and Poland, with Austria, Sweden and Switzerland to follow in the next year.