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LeasePlan has completed divestment of 100% of its shares in LeasePlan Australia Ltd and LeasePlan New Zealand Ltd to SG Fleet for a cash consideration of AUD $273 million and a 13% equity interest in SG Fleet.
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Corporates have a small window of time to electrify their fleets and help prevent the worst effects of climate change, according to a just-published white paper, “Road to COP26: How corporate fleets can fight climate change,” by global fleet management company LeasePlan.
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The partnership will allow LeasePlan clients to access Otonomo's OEM-sourced vehicle data without aftermarket devices.
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LeasePlan, a global car‐as‐a‐service company, has completed divestment of 100% of its shares in LeasePlan Australia Ltd and LeasePlan New Zealand Ltd to SG Fleet for a cash consideration of AUD $273 million and a 13% equity interest in SG Fleet.
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LeasePlan, a global fleet management company, and Arrival, a global electric vehicles (EVs) manufacturer announced a partnership in which LeasePlan will be the preferred operational leasing partner for Arrival electric vans. The partnership is based on an initial order of 3,000 vans, with the sales agreement expected to be finalized in Q3 2021.
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An agreement was announced on July 15, 2021, between LeasePlan and electric van maker Arrival to be the preferred partner for operational leasing contracts in the UK and Europe. The first order for 3,000 e-LCVs is to be finalized Q3 2021.
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LeasePlan is on an ambitious course to electrify its fleet of vehicles under management by 2030. The mission is part of its EV100 association, a collection of businesses committed to fleet decarbonization by 2030. The size of the task is significant: the company has a fleet of 1.9 million vehicles in 30 countries.
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Jon Toups was named president & chief operating officer for Masterack. He assumed this position on May 21, 2021.Earlier, Toups was senior vice president and chief commercial officer for LeasePlan USA, where he worked for nearly 12 years.
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According to an April 22, 2021 report from Bloomberg News, TDR Capital, which is LeasePlan's private equity owner, has drawn interest in LeasePlan from ALD SA and Banco Santander SA as it pursues a sale of the European headquartered fleet management company. .
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The two companies have entered into an agreement to accelerate transition to EVs across company fleets.
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