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Lizy Secures €75 Million to Expand Circular Used-EV Leasing in Europe

Debt-heavy financing from existing backers will fund expansion of its used‑EV leasing model across Europe.

Overview

  • The package comprises €65 million in debt and €10 million in equity from D’Ieteren, Alychlo and NewAlpha Asset Management, as reported by the companies.
  • Lizy plans to expand beyond Belgium, France and the Netherlands into markets such as Germany, Spain and Italy.
  • The company reports strong traction, including market leadership in Belgium, 2025 sales in France at 3.5 times last year’s period, and 84% of new contracts being EVs.
  • Its circular approach leases used electric cars for multiple cycles, which the company says can cut monthly costs by up to 20% versus new‑car leases.
  • A fully digital process is designed to shorten delivery to about three weeks, compared with up to six months from traditional providers, according to Lizy.