Drivalia secures €48 million EIB financing to boost electric mobility in Italy and Finland
Drivalia has secured a significant €48 million financing agreement with the European Investment Bank (EIB) to accelerate the adoption of electric mobility solutions in Italy and Finland. This collaboration underscores a strong commitment to advancing sustainable transportation across the European Union and aligns with the EIB's mandate as the EU's climate bank. The initiative aims to democratize zero-impact mobility and support businesses in their transition to greener operational fleets.
The EIB financing will facilitate the introduction of nearly 2,900 new battery electric vehicles (BEVs) into Drivalia's fleet, specifically targeting companies and freelancers in Italy and Finland through long-term rental contracts. This deployment is projected to reduce annual greenhouse gas emissions by approximately 3,000 tonnes of CO₂ compared to a comparable fleet of conventional internal combustion engine vehicles. Drivalia's comprehensive mobility services, including car sharing, subscriptions, and rentals, combined with its expanding network of Mobility Stores featuring over 1,900 charging points, provide a robust ecosystem for this transition.
This strategic investment is poised to have a substantial impact on the corporate sector and freelancers in the participating countries, offering them flexible, digital-first, and sustainable mobility options. By enabling businesses to electrify their fleets, Drivalia is contributing to the broader European strategy for achieving climate goals and fostering digital transformation within the automotive and mobility industries. The initiative also highlights the growing synergy between financial institutions, mobility providers, and regulatory bodies in driving a more environmentally conscious future for European transportation.
Curated and translated by Europe Digital for our multilingual European audience.
Why this matters for European digital sovereignty
The European Investment Bank's €48 million financing for Drivalia signals a significant step in accelerating electric mobility across Italy and Finland. This investment supports the EU's climate goals and aims to enable businesses and freelancers to transition to greener transportation fleets. The initiative democratizes zero-impact mobility, contributing to Europe's sustainable transport strategy.
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