Stellantis has signed a “multi-billion euro frame agreement” with leasing and fleet management company Ayvens, which could see the carmaker supplying 500,000 vehicles from across its brands to Ayvens fleet in Europe by 2026. Stellantis said the first significant delivery volume will begin in the first half of 2024 and continue through the year.

Stellantis said it would be providing a range of city cars, SUVs and multipurpose vans from across brands including Alfa Romeo, Citroën, DS Automobiles, FIAT, Jeep, Lancia, Opel, Peugeot and Vauxhall. That includes battery electric vehicles and Stellantis said that the deal aligned its sustainable mobility strategy Dare Forward 2030 with Ayvens own PowerUP 2026 strategy to make more of the vehicles it leases electric.

Stellantis Ayvens agreement

Uwe Hochgeschurtz, COO, Stellantis and COO for Enlarged Europe at Ayvens, Miel Horsten

Stellantis has said it is investing more than €50 billion in electrification over the next decade and wants to hit 100% passenger car battery EV sales in Europe by 2030.

Ayvens was formed in 2023 when ALD Automotive bought LeasePlan, making it a global multi-brand car leasing provider.

“The mobility industry is structurally a high-growth market which is underpinned by clients shifting from ownership to usership, their requirement for full-service leasing solutions, their need for visibility over their costs and their commitment to reduce their carbon footprint,” said Tim Albertsen, CEO of Ayvens.

Stellantis also recently announced that it was to begin electric van production at its Luton plant from 2025. The move makes Luton the second Stellantis plant in the UK to manufacture electric vans, with Ellesmere Port having started in 2023, the UK’s first electric-only volume manufacturing plant.

The Luton plant will produce the fully electric Vauxhall/Opel Vivaro Electric, Peugeot E-Expert, Citroën ë-Dispatch and Fiat Professional E-Scudo in both right and left-hand drive for the UK domestic and export markets.