Crédit Agricole targets Chinese EV market with GAC Finance Leasing deal

Crédit Agricole targets Chinese EV market with GAC Finance Leasing deal

In a significant development aimed at tapping into China’s burgeoning electric vehicle (EV) market, Crédit Agricole Personal Finance & Mobility has announced plans to acquire a 50% stake in the financial leasing unit of Guangzhou Automobile Group (GAC). The deal will be executed through a reserved capital increase and positions Crédit Agricole as a crucial […]