Mobilize aims to double its leasing fleet by 2025

Mobilize aims to double its leasing fleet by 2025

Mobilize, which is Renault's mobility brand, is planning to double its leasing fleet financed by Mobilize Financial Services by 2025. It is also aiming to grow to one million electric vehicles by 2030, comprising 70% of the fleet and generating 20% of Renault Group’s turnover.

Indeed, Mobilize is planning to increase the fleet size for mobility providers to between 150,000 and 200,000 vehicles by 2030. Mobilize expects up to 165,000 new charging stations in 2030, up from 22,000 charging stations in 2021.

The company announced these key figures at its “Mobilize Day” investor event, where Mobilize CEO Clotilde Delobs was speaking.

“Mobilize sells services, not vehicles, generating recurring income and reducing costs of usage for our customers. We have decided to cover the sections of the mobility value chain presenting the highest growth and margin potential," said Delobs.

"That’s why, with the VaaS model and leveraging an integrated software ecosystem, we are offering a range of services that includes financing and insurance solutions as well as energy and maintenance services. Vehicles are becoming service platforms, enabling to triple the revenue generated over their lifecycle.”

Mobilize hopes that the upcoming models will provide greater impetus for its own business. Indeed, in 2023, the French company wants to launch the “first version of a software-defined vehicle”, which will then be the basis for “all kinds of services for both commercial and private customers”.

The company says it will continue to develop its own all-electric vehicles specifically designed for “shared and intensive use”. What's more, these specialised Mobilize vehicles are expected to provide fleet operators with significantly lower overall costs, with the design of the vehicle optimised for ease of maintenance and repair. These vehicles are aimed at drivers and operators of taxi and shuttle fleets.

Mobilize vehicle leasing services are designed for private customers as well as companies with small to medium-sized fleets. The company has also announced that it plans to expand its service offering to the last-mile delivery market, although it has not revealed any further details on this so far.

Olly Goodall

Author:Olly Goodall
Date Updated:13th May 2022

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