Sign up for our popular daily email to catch all the latest EV news!
Renault Group and Volvo Group have officially announced the completion of their joint venture, Flexis SAS, dedicated to launching a new generation of fully electric vans. This strategic collaboration marks a pivotal step in addressing the increasing demand for decarbonized and efficient transportation solutions. Based in France, Flexis SAS is set to pioneer the future of electric mobility by leveraging a Software Defined Vehicle (SDV) platform along with its specialized services.
Key Highlights:
- Joint Venture Formed: Renault and Volvo have finalized their collaboration, establishing Flexis SAS.
- Investment Plans: A combined investment of €300 million is planned over the next three years.
- Strategic Investment: CMA CGM Group shows interest with a potential investment of €120 million through its PULSE fund.
- Innovative Technology: The venture will focus on fully electric vans utilizing SDV technology.
- Production Timeline: The first van’s production is scheduled for 2026.
The venture has already garnered significant interest, with CMA CGM Group confirming its intention to invest up to €120 million via PULSE, its investment fund aimed at promoting the decarbonization of the logistics sector. This highlights the industry’s recognition of the critical need for sustainable transportation solutions.
Renault Group continues to lead in mobility innovation, drawing strength from its alliance with Nissan and Mitsubishi Motors. The group’s dedication to electrification and sustainable mobility solutions is evident in its diverse brand portfolio and its commitment to carbon neutrality in Europe by 2040.
Volvo Group remains a driving force in the transformation of transport and infrastructure solutions. With a history rooted in sustainability and innovation, Volvo is poised to contribute significantly to the joint venture’s success, further advancing the global shift towards greener transportation options.
The collaboration between Renault Group and Volvo Group through Flexis SAS represents a forward-thinking approach to urban logistics and mobility, aligning with global sustainability goals and showcasing a commitment to environmental responsibility. With the production of the first electric van anticipated in 2026, the venture stands as a testament to the automotive industry’s shift towards a more sustainable and efficient future.
Sign up for our popular daily email to catch all the latest EV news!
