Bike leasing in Europe and the USA: Volkswagen Financial Services and Pon Holdings form strategic alliance

Dr. Christian Dahlheim (left), CEO of Volkswagen Financial Services AG, and Janus Smalbraak (right), CEO of Pon Holdings, stand together in front of a bicycle and shake hands.
  • VW FS acquires 49 percent stake in Pon bike leasing subsidiary Bike Mobility Services 
  • Partnership to focus on accelerating expansion of bike leasing in Europe and the USA
  • Market potential of EUR 10 billion in 2028 for European company bike leasing
  • Bike leasing offers employees and commercial customers extra benefits and makes the e-bike more accessible to more people

Braunschweig, Amsterdam, Munich. Volkswagen Financial Services ("VW FS") and Pon Holdings ("Pon") are intensifying their partnership in company bike leasing. Within this framework, VW FS will acquire a 49 percent stake in the Pon bike leasing subsidiary Bike Mobility Services (BMS). The Memorandum of Understanding (MoU) on this strategic alliance was signed at the IAA Mobility motor show in Munich today. The aim is to jointly expand in the growing bicycle and e-bike leasing business in Europe and the USA.

The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.