ANGI Energy Systems begins construction of Hydrogen Refueling Test Facility
Volvo Buses launches Volvo 8900 Electric intercity bus, new BZR Electric chassis

Renault Group and Volvo Group complete creation of Flexis SAS; JV for electric vans based on SDV platform

Following the joint venture binding agreements signed in October 2023, Renault Group and Volvo Group have obtained the required regulatory approvals to launch the new company for the next generation of fully electric vans based on a Software Defined Vehicle (SDV) platform and its dedicated services. (Earlier post.)

The new company will address the growing needs of decarbonized and efficient urban logistics and will be based in France.

Renault Group and Volvo Group plan to invest respectively €300 million over the course of the next three years.

Following its non-binding agreement as of 6 October 2023, CMA CGM Group has confirmed its interest for a strategic investment up to €120 million in Flexis through PULSE, its €1.5bn investment fund aimed at fostering the decarbonization of the logistics value chain.

The new family of fully electric vans equipped with SDV will be introduced by the new company. The production of the first van is planned to start in 2026.

Comments

The comments to this entry are closed.