Element Fleet Management Corp. announced it has entered into a collaboration agreement with BYD, the world?s leading new energy vehicle (NEV) manufacturer and power battery supplier. Element?s newly formed relationship with BYD reinforces a shared commitment to advancing sustainable, zero-emission solutions in the fleet management industry.

It also complements the Company?s global alliance with Arval, further demonstrating Element?s dedication to promoting decarbonization efforts worldwide. The Company remains committed to solidifying its position as a leader in sustainable fleet management and to finding new ways to reduce emissions and promote a more sustainable future for all.