• Geely Auto has signed a Memorandum of Understanding (MoU) with Arval, one of the leading companies in full-service vehicle leasing and specialist in mobility solutions.

  • The MoU with Arval supports the growth of sustainable fleets in Europe and Latin America and brings a diverse range of Geely Auto vehicles for corporate and retail customers.

Paris, France, October 19, 2026 — Geely Auto, one of the world’s top manufacturers of electric and electrified vehicles, and Arval, a leading global full-service vehicle leasing company and a specialist in mobility solutions, signed today on the booth of Geely at the Paris Motor Show a Memorandum of Understanding (MoU). The ambition is to explore a strategic collaboration aimed at accelerating the transition to electric mobility across Europe.

The MoU brings together Geely Auto’s growing portfolio of new energy passenger cars with Arval’s expertise in full-service leasing and mobility solutions. Together, the companies intend to support the electrification of corporate and retail mobility by providing customers across Europe and Latin America with greater access to electric and electrified vehicles, flexible mobility solutions and services designed to simplify the transition to more sustainable transportation.

Aiden He, CEO of Geely Brand Europe and VP of Strategy & Product at Geely Auto Europe, said: “Our MoU with Arval represents an important step in making Geely Auto’s full electric and electrified portfolio more accessible to customers across Europe. The transition to electric mobility requires not only compelling vehicles, but also flexible financing, leasing, charging and fleet solutions that make electrification straightforward for businesses and consumers. By working with Arval, we aim to provide customers with greater choice and help accelerate the adoption of electric mobility across European markets.”

Pascal Brasseur, Retail Director of Arval, added: “The transition to electric mobility can only succeed through collaboration across the mobility ecosystem. We are proud to partner with Geely Auto, a company that shares our ambition to accelerate the adoption of electric mobility through innovation and customer-focused solutions. By combining Geely Auto’s expanding range of electric and electrified vehicles with Arval’s expertise in full-service leasing and mobility services, we aim to make electric mobility more accessible, attractive and seamless for both individual and corporate customers across Europe and Latin America.”

Photo Caption

Aiden He, CEO of Geely Brand Europe, and Alain van Groenendael, CEO of Arval, sign the MoU. They are supported by: (from left to right): Damien Pellissier (CPO of Arval), Jianming Mao (Executive Director of Geely Automobile Holdings Limited), François-Xavier Castille (Deputy CEO - Arval Europe & Latam Managing Director), Alex Nan, (VP of Geely Auto Group and CEO of Geely Auto International Corporation), Alexandre Barbereau (Global Head of Automotive Partnerships at Arval) and Xufeng Zhu (CFO of Geely Auto International Corporation).

Media Contact

Mike Belinfante

Senior Manager Public Relations, Geely Brand Europe

E-mail: mike.belinfante@geely.com

Mobiel: +31651776699

Website: https://www.geelyauto.eu/geely-news

About Geely Auto Group

Geely Auto Group is a leading global automotive company headquartered in Hangzhou, China. Part of Zhejiang Geely Holding Group, Geely Auto Group develops and manufactures passenger vehicles under the Geely, Lynk & Co, and Zeekr brands.

Geely Auto achieved cumulative sales of 3,024,567 units in 2025, exceeding the full-year sales target with a year-on-year growth of 39%. New energy vehicle (NEV) sales reached 1,687,767 units, a year-on-year increase of 90%.

With a strong focus on technology innovation, electrification, and sustainable mobility, Geely Auto Group operates world-class R&D centres and manufacturing facilities across China, Europe, and key international markets. The Group is committed to delivering safe, high-quality, and intelligent vehicles enabled by advanced technologies such as hybrid powertrains, full-electric architectures, smart connectivity, and autonomous driving systems.

As a global company, Geely Auto Group continues to expand its international presence through strategic partnerships, localized operations, and industry-leading platforms. Geely strives to create mobility solutions that are greener, smarter, and more accessible, driving forward the future of sustainable transportation.

About Arval

Arval is a major actor in full-service vehicle leasing and a specialist in mobility solutions founded in 1989. Arval is fully owned by BNP Paribas and positioned within the Group’s Commercial, Personal Banking & Services division. As of July 31, 2026, Arval is leasing nearly 2.3 million vehicles worldwide. Every day, more than 10,000 Arval employees in 28 countries work with passion to accomplish Arval’s promise: offer flexible solutions to make journeys seamless and more sustainable for its customers, ranging from large international corporate groups to smaller companies and private customers. Arval is a founding member of the Element-Arval Global Alliance. The fleets of all the Alliance members represent 5 million vehicles in 54 countries. Arval’s CSR strategy was recognised by obtaining the EcoVadis platinum medal for the second consecutive year, which places it among the top 1% of companies assessed. www.arval.com