Under A Multi-Billion Euro Frame Agreement, Stellantis Will Supply Ayvens With Up To 500,000 Vehicles By 2026, Aiming To Set A New Standard In Sustainable Mobility
Portfolio Pulse from Benzinga Newsdesk
Ayvens, a leading long-term leasing and fleet management company, has reached a frame agreement with Stellantis to purchase up to 500,000 vehicles by 2026. This deal aims to enhance sustainable mobility across Europe by incorporating a wide range of Stellantis' iconic brands, vehicle classes, and propulsion types into Ayvens' fleet. The agreement is part of both companies' strategic plans, Stellantis Dare Forward 2030 and Ayvens PowerUP 2026, highlighting their commitment to leading the energy transition.
February 26, 2024 | 7:01 am
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Stellantis enters a significant agreement with Ayvens to supply up to 500,000 vehicles by 2026, aiming to boost sustainable mobility in Europe.
This agreement is likely to have a positive short-term impact on Stellantis' stock (STLA) due to the large scale of the deal and its alignment with current trends towards sustainable mobility. The commitment to supply up to 500,000 vehicles underscores the company's significant role in the automotive industry's shift towards greener alternatives. Additionally, being part of such a strategic initiative could enhance Stellantis' brand image and market position, potentially leading to increased investor confidence.
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