PARIS, FRANCE: CMA CGM, through PULSE, its energy fund, acquired a 10% stake in Flexis SAS and has confirmed its interest for a strategic investment up to EUR 120 million by 2026. Volvo Group and Renault Group, holding each a 45% stake in Flexis SAS, plan to invest respectively EUR 300 million over the next…
All posts tagged Electric Vans
Renault and Volvo launch Flexis SAS for next-gen electric vans
PARIS: Renault Group and Volvo Group have announced the completion of their joint venture, Flexis SAS, marking a significant leap in the production of next-generation electric vans. The new venture, which follows the binding agreements signed on October 6th, 2023, has received all necessary regulatory approvals and is poised to revolutionize urban logistics with its…