Arval and Enel X have announced their joint efforts to promote the growth of electromobility in Latin America

• The two companies have agreed to provide electric charging solutions for Arval customers in Latin America.

Santiago, January 9, 2024. One of the key objectives of the partnership between Arval and Enel X is to promote, strengthen, and accelerate the adoption of electromobility in Latin America. The two parties have signed an agreement to facilitate the implementation of electric charging solutions in homes and public stations for Arval customers in the region.

Luc Soriau, the regional manager of ARVAL in Latin America, expressed his satisfaction with the partnership between ARVAL and Enel X. This agreement will accelerate the companies' transition towards sustainable mobility, conscious and efficient energy consumption, and renewable energy sources. The partnership will provide innovative solutions that add value to their current and future customers.

The collaboration between the two companies is aligned with Arval's efforts to reduce CO2 emissions and contribute towards a more sustainable environment. This partnership will enable Arval to achieve its global target of having 350,000 electric cars by 2025. Moreover, this move is customer-centric and will allow Arval to provide comprehensive consultation and competitive pricing while maintaining strong governance to ensure excellent customer service.

"We strongly believe in the transformative power of technology, which can turn energy into new opportunities for growth and progress. It's extremely satisfying to advance on this path with the help of a strategic partner like Enel X," emphasized Luc Soriau.

Enel X is significantly increasing the number of electric stations and fast charging points in the region. These charging points will be integrated into an intelligent platform that makes supplying electric vehicles with energy easy and fast. The charging points will be part of a network of over 320,000 public and private chargers managed through interoperability agreements across the world.

Jean-Paul Zalaquett, the Latin American electric mobility manager at Enel, emphasized the company’s goal of leveraging integrated digital platforms to deliver innovative and flexible services that meet customers' evolving needs. The partnership with Arval aligns with this goal and enables Enel to fulfill its mission of bringing electromobility closer to everyone.

About Arval:

Arval is a company that specializes in providing mobility solutions and full-service vehicle leasing. As of June 2023, they have leased over 1.6 million vehicles. With 8,000 employees in 29 countries, they offer their customers flexible solutions to ensure excellent and sustainable service. Arval is also a founding member of the Element-Arval Global Alliance, a world leader in the fleet management industry.

The alliance has a total of 4.4 million vehicles across 56 countries. Arval was established in 1989 and is wholly owned by the BNP Paribas Group. Arval has been present in Chile since 2016, thanks to the complete acquisition of the company Relsa, a relevant local player with more than 40 years of experience in operational leasing.

You can learn more about Arval by visiting www.arval.com.

About Enel X:

The Enel Group operates globally in energy supply, management services, and electric mobility. They are a world leader in developing innovative solutions for residential consumers, businesses, and municipalities transitioning to clean energy. Enel X Global Retail offers a range of modular and integrated products and services tailored to customer needs, focusing on digitalization and the electrification of uses and transportation.

Enel X Global Retail is a company that manages demand response services. It has a total capacity of 9.4 GW and has installed over 105 MW of behind-the-meter storage. The company also has over 25,000 public charging points for electric vehicles and over 3 million light points worldwide. Moreover, Enel X Global Retail provides energy and value-added services to over 65 million users daily. The company's solutions are based on a platform business model, including assets for energy optimization and self-generation, premium energy efficiency and management solutions, and competitive and flexible offerings. Enel X Global Retail aims to help customers map their energy roadmap and accompany them from initial consulting to solution implementation.