Nordea Bank : NF Fleet becomes Tesla´s preferred leasing partner in Nordics

21-01-12 11:25 | About Nordea | Sustainability

The world´s leading supplier of electrical vehicles, Tesla, has chosen Nordea Finance Fleet (NF Fleet) as its preferred leasing partner for operational and private leasing in the Nordics.

NF Fleet is Nordea Finance's joint venture with ALD Automotive, targeted at full service leasing solutions (sometimes referred to as operational leasing) for customers of Nordea Bank.

Tesla sets the global benchmark for electrical vehicles and is transforming the market when it comes to ordering cars online. NF Fleet already offers leasing services for all Tesla's models, but this new partnership means that NF Fleet now also finance and administer leasing contracts signed online at Tesla.com.

Shift towards greater digitisation of the fleet market

As preferred leasing partner, NF Fleet has the opportunity to become a key contributor to this shift towards greater digitisation of the fleet market. The transformation of this market introduces NF Fleet's products and services to more customers across the Nordics. It's also aligned to Nordea's sustainability ambitions and supports society's shift into fossil free transportation.

'The continuous development of technology makes it tricky for customers to calculate how much a car is worth after they have used it for a few years. Operational lease is a good alternative since our leasing solution takes into account the ´total cost of ownership´ of a used vehicle, which provides our customers with greater financial security', Roger Boström, General Manager of NF Fleet Sweden, says.

8 out of 10 cars are re-chargeable

Regardless of the size of a customers' fleet, 8 out of 10 cars are currently re-chargeable. Being such a large player in the Nordics, NF Fleet has a responsibility to support greater sustainability, as it is directly involved in putting thousands of cars on our roads every year. 'We were early in developing leasing solutions with more environmentally friendly alternatives and now we've really passed the tipping point' Roger says. 'Our current order books today consists of about 80% chargeable 'powertrains' (diesel, gas, biogas engines, for example) which is something we´re very proud of'.

It is yet to be decided in which way the Tesla partnership could potentially translate into a tailor made offering to customers of Nordea Bank.