#Japan #Tokyo #EVolity #EV Services #Mizuho Lease

New Era for EV Fleet Management

In a significant push toward sustainable transportation, EVolity Corporation, Mizuho Lease Corporation, and its subsidiary Mizuho Auto Lease Corporation have launched a new package plan that integrates EVolity's Electric Vehicle (EV) Fleet Management Services (FMS) with Mizuho Auto Lease's vehicle leasing offerings. This innovative initiative aims to simplify the process for businesses adopting EVs by consolidating contracts and billing, thereby reducing administrative burdens and promoting the effective implementation of FMS.

As corporations strive to achieve carbon neutrality by 2050, the shift from conventional vehicles to EVs is accelerating rapidly. However, managing electric vehicle operations presents unique challenges, such as monitoring battery levels and creating efficient charging plans, which can elevate the workload for operational staff. Understanding these challenges, EVolity has developed a comprehensive FMS that allows for real-time monitoring of vehicles, including battery status and mileage, while also visualizing the operational conditions, including charging statuses. Furthermore, it quantifies the benefits of EV adoption, such as CO2 emission reductions and cost savings on electricity.

Mizuho Lease further enhances this process by not only providing vehicle leasing solutions but also offering end-to-end services that encompass EV deployment, charging infrastructure setup, and maintenance tailored to meet customer needs. Mizuho Auto Lease complements these initiatives by offering financial and vehicle management support through its leasing services. The collaboration of these three companies aims to create a more streamlined and efficient environment for corporate EV operations.

This integrated service offering will be rolled out progressively starting today. The three companies share a vision of contributing to a sustainable society, which involves promoting decarbonization and digital transformation within businesses. Their collective goal is to facilitate the transition toward electric mobility solutions, thereby contributing to achieving a carbon-neutral society.

Company Overviews

Mizuho Lease Corporation

• - Location: 1-2-6 Toranomon, Minato-ku, Tokyo
• - CEO: Akira Nakamura
• - Founded: December 1, 1969
• - Business Activities: Leasing transactions, installment sales, and various financial transactions.
• - Website: Mizuho Lease

Mizuho Auto Lease Corporation

• - Location: 1-2-6 Toranomon, Minato-ku, Tokyo
• - CEO: Rishin Kobayashi
• - Founded: November 22, 1967
• - Business Activities: Automobile leasing, installment sales, maintenance, and insurance operations.
• - Website: Mizuho Auto Lease

EVolity Corporation

• - Location: 6th Floor, Sumitomo Realty Shiodome Hamariyuku Building, 8-21-1 Ginza, Chuo-ku, Tokyo
• - CEO: Masaharu Amaike
• - Founded: August 1, 2023
• - Business Activities: Fleet management for commercial EVs, integrated vehicle, battery, and charging management services, as well as charging infrastructure services.
• - Website: EVolity

For further inquiries, please contact:

• - Mizuho Lease Corporation, Management Planning Department: 03-5253-6540
• - Mizuho Auto Lease Corporation, Business Department: 03-5253-6801
• - EVolity Corporation, Public Relations: 03-6824-6242 — [email protected]

Through their collaborative efforts, EVolity, Mizuho Lease, and Mizuho Auto Lease are poised to lead the way in enhancing the EV landscape for corporate clients, pushing forward the necessity for sustainable practices and advanced digital solutions.