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Renault Group and Volvo Group have obtained the required regulatory approvals to formally launch the brand new firm Flexis SAS for the subsequent era of absolutely electrical vans based mostly on a software program outlined car (SDV) platform and its devoted companies.
The brand new firm will handle the rising wants of decarbonised and environment friendly city logistics and might be based mostly in France.
The brand new household of absolutely electrical vans geared up with SDV might be launched by the brand new firm. The manufacturing of the primary van is deliberate to start out in 2026.
Renault Group and Volvo Group plan to take a position respectively €300 million over the course of the subsequent three years.
They signed a three way partnership binding agreements on October 6 final 12 months.
Following its non-binding settlement as of October sixth, 2023, CMA CGM Group has confirmed its curiosity for a strategic funding as much as €120 million in Flexis by way of PULSE, its €1.5bn funding fund geared toward fostering the decarbonization of the logistics worth chain.
Based in 1927, The Volvo Group produces vans, buses, development gear and energy options for marine and industrial purposes. It’s separate from Volvo Automobiles.
- Renault is gearing up for its twenty first look on the UK’s annual Industrial Car Present with a particular deal with the UK premiere of the brand new Grasp van alongside its newest 100% electrical LCV line-up.
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