Drivalia has announced growth plans including expanding the fleet by 40% to 15,000 vehicles by 2026.

Giacomo Carelli, Group CEO of Crédit Agricole Auto Bank Group & group chairman of Drivalia, David Wilkinson, CEO of Drivalia Ireland and Paolo Manfreddi, Group CEO of Drivalia

CA Auto Bank’s mobility services have made their way to Ireland through the establishment of Drivalia Lease Ireland, the Group’s new rental, leasing and mobility company.

Drivalia has announced its growth plans in Ireland by expanding its fleet by 40% to over 15,000 vehicles by 2026. Operating from Dublin since August, after the acquisition of ALD Automotive’s operations in Ireland, the subsidiary is led by the chief executive officer David Wilkinson.

Drivalia Lease Ireland’s offerings will initially continue to focus on operational leasing and fleet management, consolidating its current business volumes, which has allowed it to achieve a leading position in the Irish market. The acquisition of the business in Ireland by a company with the financial strength and ambitions of CA Auto Bank will support Drivalia in further strengthening its position and achieving its ambitious growth plans for the Irish market.

In line with the Group’s European strategy, Drivalia Lease Ireland is also reviewing opportunities to expand which could include subscription products, car sharing and a shorter-term rental business.

“Our goal is to democratise green mobility, making it accessible to the general public. We plan that by 2030, 80% of the new vehicles in our total fleet will be green” said Giacomo Carelli, CEO of CA Auto Bank and chairman of Drivalia.

“The launch of Drivalia’s solutions in Ireland represents an important step in our pan-European growth strategy. Our goal is to become one of the leading players in the new mobility sector, with a strong focus on new energy vehicles” says Paolo Manfreddi, CEO of Drivalia. “To achieve this, we are investing to strengthen our fleet in Europe, which is set to expand to 300,000 vehicles by 2026, with over half of them consisting of electric and PHEV models. Furthermore, our electric infrastructure is projected to encompass 3,500 proprietary charging stations by the same year”.

“We are proud to join the strong team of Crédit Agricole Group and Drivalia” says David Wilkinson, chief executive officer of Drivalia Lease Ireland. “Being part of a banking group with the scale of Crédit Agricole, one of the ten largest banks in the world, will ensure that we can continue to meet our customer’s needs now and into the future. I am looking forward to an exciting journey for our customers and staff”.