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Volvo Group

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Volvo and Renault's Electric Van Venture: Flexis SAS

Volvo Group and Renault Group have achieved a significant milestone in their joint venture, Flexis SAS, aimed at revolutionizing urban logistics with a new generation of fully electric and software-defined vehicles. The binding joint venture agreements, signed on October 6th, 2023, have received all necessary regulatory approvals, officially launching Flexis SAS. Based in France, this new company is poised to address the growing demand for decarbonized and efficient urban logistics solutions.
With a commitment to innovation and sustainability, Volvo Group and Renault Group plan to invest EUR 300 million each over the next three years into Flexis SAS. Additionally, the CMA CGM Group has expressed interest in a strategic investment of up to EUR 120 million through its investment fund, PULSE, aimed at fostering decarbonization in the logistics value chain. This demonstrates a strong collaborative effort towards driving positive change in the transportation sector.
Flexis SAS represents a bold step towards shaping the future of sustainable transport and infrastructure solutions. By leveraging the expertise and resources of both Volvo Group and Renault Group, the joint venture aims to deliver cutting-edge electric vehicles that enhance customer productivity while reducing environmental impact. This initiative underscores the companies' commitment to driving prosperity through innovative mobility solutions that prioritize sustainability and efficiency.

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146 more agrees trigger scaled up advertising

  • Grace Njeri

    5 d

    EVs are key to transform the automotive industry and help decarbonize the planet.

    • George Kariuki

      1 w

      This is a huge leap towards a greener future for deliveries. Sounds like a win-win for businesses and the environment.

      • Rashid Kamau

        1 w

        The future of electric vehicles is bright and broad,we are absolutely headed the right way.

        • Elizabeth Gathigia

          1 w

          Our future is electric vehicles 👍

          • Rashid Kamau

            1 w

            @elizbeth_gathigia With Evs,we can de-carbonize the planet.

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