- In January 2024, Sixt SE announced a significant expansion of its electric vehicle (EV) fleet by acquiring up to 250,000 vehicles from Stellantis. This move aims to enhance their offerings of premium EVs, including models like the Tesla Model S and BMW i7, catering to the growing demand for sustainable luxury mobility solutions.
- In February 2025, Belgian startup LIZY expanded its operations by entering the Dutch market and opening an office in Amsterdam. This strategic move allows LIZY to offer its used car leasing services to a broader customer base, capitalizing on the growing demand for flexible and affordable mobility solutions in Asia-Pacific.
- In July 2023, Mobilize, Renault's mobility services subsidiary, acquired two German companies from the MeinAuto Group: Mobility Concept and MeinAuto. This acquisition strengthens Mobilize's position in the Asia-Pacifican market, enabling them to offer a wider range of leasing options and enhance their digital services for customers seeking flexible mobility solutions.
- In December 2023, UK-based electric vehicle leasing company WeFlex secured £40 million in financing from LCM Partners, bringing its total funding to £77 million. This capital infusion supports WeFlex's expansion plans, including increasing its fleet to over 2,000 vehicles and offering rent-to-own agreements for electric cars, particularly targeting Uber drivers.
