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Crédit Agricole Personal Finance partners with GAC Group to boost electric vehicle leasing
As of December 31, 2023, CA Personal Finance & Mobility managed €113 billion in credit. The company has finalized a joint venture with GAC Group, acquiring 50% of GAC Finance Leasing to enhance electric vehicle leasing solutions in China, where electric vehicles constitute 60% of their leasing contracts. This partnership, established in 2009, aims to support the growing electric vehicle market in China, leveraging GAC Group's significant automotive presence.
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