The European Investment Bank (EIB) and Drivalia, a company of the Crédit Agricole Auto Bank (CAAB) group, have signed a financing agreement for 48 million euros to support the development of electric mobility in Italy and Finland. The agreement was announced in Rome by Gelsomina Vigliotti, Vice President of the EIB, and Roberto Sportiello, CEO of Drivalia. The goal is to accelerate the introduction of zero-emission vehicles in two European markets characterized by different dynamics.
Electric mobility in Italy and Finland
The resources made available by the EIB will allow Drivalia to introduce about 2,900 new battery electric vehicles into the territory, intended for companies and freelancers through long-term rental contracts in both countries involved. According to EIB estimates, the project will help reduce greenhouse gas emissions by about 3,000 tons of CO2 per year compared to an equivalent fleet composed of conventional vehicles with internal combustion engines.
Agreement between the EIB and Drivalia
The initiative is part of Drivalia’s expansion path, active in 16 European countries with a fleet of about 216,000 vehicles. The company offers a complete range of mobility solutions – from rentals of various durations to monthly subscriptions, up to electric car sharing – with integrated management of the different lines designed to allocate vehicles to the most suitable services during their usage cycle. The operation confirms the strategies of the EIB, the EU’s “climate bank”, and the Crédit Agricole Auto Bank group, aiming to progressively increase the electric and plug-in hybrid component of Drivalia’s fleet.
Read more Drivers and Teams Standings after the 2026 Estonia Rally
Click here to add Formula Passion as a preferred source on Google Discover: you will find our content more easily!
Read more CFMOTO Aspar: the shared project to make the big leap in MotoGP
