Last year, Free2move Lease, a Stellantis full-service leasing partner, expanded its success in Germany. Last year, the provider of business mileage leasing signed almost 61,000 new contracts. Contracts increased by 7% to about 128,500 at the end of the year.
Additionally, Free2move Lease made tremendous strides toward growing its electrified car business in 2021. The percentage of lithium-electric cars and plug-in hybrids (LEV, Low Emission Vehicles) included in longer-term leasing contracts increased to 28%.
The continued growth of services, particularly in electromobility, is one of Free2move Lease's primary objectives. The continually developing offer satisfies all client demands, including current telematics and connection solutions, technology and tire repair, fuel and charging options, insurance solutions and claims administration, and other services for commercial vehicle and fleet operations.
Free2move Lease offers a wide and continually expanding variety of services, products, and solutions that help businesses of all sizes lower their total cost of ownership (TCO) and improve fleet management.
Free2move Lease has been operating in Germany since 2017 and, in collaboration with PSA Bank Deutschland GmbH and Opel Bank SA, provides comprehensive business mileage leasing solutions. As a result, Free2move Lease has become one of the top providers of future-oriented mobility solutions with 72,000 corporate clients.
Free2move is the only global mobility brand that provides a comprehensive and differentiated environment globally to its private and business clients. Free2move is a data-driven startup that prioritizes the customer experience to revolutionize mobility and ease the transition to e-mobility. Free2move Lease is a division of Free2move, a multi-brand full-service leasing company dedicated to providing commercial clients with hassle-free movement. In addition, it provides customized finance, insurance, and maintenance and a range of innovative and connected services for professionals, including Connected Fleet, Fleet Sharing, and Jockey, as well as a full range of services to assist consumers in making the switch to electric cars.
Free2move is the only global mobility brand that provides a comprehensive and unique environment to its private and business customers globally, emphasizing Europe and the United States. Free2move is a data-driven startup that prioritizes the customer experience to revolutionize mobility and ease the transition to e-mobility. As an actual mobility marketplace, the company offers a variety of products and services ranging from car-sharing to short, medium, and long-term rentals, as well as the ability to reserve chauffeured rides, parking spaces, charging stations, and fast-charging stations via the app, as well as support for the energy transition and fleet management for tradespeople. Finally, Free2move develops and distributes electric mobility solutions and services, ranging from charging infrastructure to monthly subscriptions, battery lifetime management, and vehicle-to-grid connection (V2G). In terms of numbers, Free2move has 2 million customers, 450,000 rental vehicles, 500,000 parking spaces, 250,000 charging outlets around Europe, 620,000 commercial contracts, and 170 countries.