Ayvens has reached a historical milestone of half-a-million funded electric vehicles (EV) confirming its position as the largest multi-brand EV fleet worldwide.

As disclosed in its third quarter and nine months 2023 results, Ayven EV penetration reached 34% in new passenger car registrations over 9M 2023, of which 37% in Q3 2023 alone.

This performance compares favourably to the European market which stood at 22% in 9M 2023. Ayvens’ BEV and PHEV penetration stood at 21% and 13% respectively in 9M 2023, well ahead of the market.

At the end of 2022, ALD Automotive and LeasePlan operated a combined fleet of 380,000 EVs and, in less than nine months, Ayvens has reached this landmark figure, with battery electric vehicles (BEVs) representing a clear majority of the overall EV fleet. This significant increase illustrates the effectiveness of Ayvens’ business model in facilitating the adoption of EVs, notably in corporate fleets, and confirms its role in the transition to sustainable mobility.

To further accelerate the energy transition, Ayvens recently announced new EV targets as part of PowerUP 2026, its three-year strategic plan. It aims to have EVs represent 50% of its new car registrations by 2026, i.e. 40% will be BEV and 10% will be PHEV, representing a strong increase from 28% in 2022. The company also aims to quadruple the use of its full bundled electric product by 2026 up to 400,000 contracts, by making it simple to choose electric thanks to end-to-end turnkey EV solutions including consultancy, charging and reporting solutions.

This increasing share of EVs, driven by BEV, will significantly reduce the CO2 emissions of Ayvens running fleet to less than 90g/km[6] on average by 2026 vs. 112g in 2022, which is an impactful and immediate contribution to the company's climate strategy and in line with its Net Zero 2050 trajectory.

"This new milestone clearly underscores our commitment to accelerating the take up of electric vehicles and is fully aligned with our PowerUP 2026 strategic plan and our new brand promise" confirms Tim Albertsen, Group CEO of Ayvens.

"With 3.4 million vehicles managed worldwide and the world's largest multi-brand EV fleet, we can leverage our unique position to lead the way to net zero. We have an important role to play in the democratisation of EVs to facilitate this transition and in the greening of vehicles fleets globally. Using our industry leadership to shape the future of mobility, we are committed to making sustainable mobility an easy choice for all.”