CA Auto Bank further strengthens its European profile and commitment to the energy transition. The Bank, a subsidiary of Crédit Agricole Consumer Finance, is a partner in the 5th edition of the European Startup Prize for mobility (EUSP), the acceleration and investment program created by the European Union for startups that are pioneering the best sustainable mobility solutions.

The program was created in 2017 by Karima Delli, Chairwoman of the European Parliament’s Committee on Transport and Tourism, Boston Consulting Group and Via ID.
The European Startup Prize now brings together all major EU institutions, including the European Parliament, European Commission, European Investment Bank, EIT Urban Mobility, Europe’s Rail as well as major mobility corporations and tech giants

Giacomo Carelli, CEO of CA Auto Bank, spoke at the opening ceremony of the event, held in Paris at the headquarters of the French Ministry of Transport. Carelli invited the more than 600 registered startups to present innovative projects designed to facilitate the transition to green mobility, including new financial and insurance products, services dedicated to green vehicles and new mobility, digital tools and platforms, and so on. Startups interested in being considered for nomination can submit their projects on the EUSP website (www.startupprize.eu) by June 20, 2023. The winning company will have the opportunity to develop a Proof-of-Concept with CA Auto Bank, Drivalia, or other companies within the Crédit Agricole Group.

The European Startup Prize for Mobility is a unique opportunity for the CA Auto Bank group to support European mobility startups, thereby solidifying its international growth strategy, which is based on innovation, energy transition, and environmental sustainability.