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Renault and Volvo form joint venture to create new electric vans

The combination of two global vehicle manufacturers is set to see a new generation of fully electric vans built for the logistics market

In global transport news, Renault and Volvo Group have announced a joint venture to introduce a new generation of electric vans to the market.

The creation of Flexis SAS comes courtesy of a joint venture binding agreement signed last year by the two brands, with Renault and Volvo now securing regulatory approvals to officially launch the new company.

Now official, Flexis SAS will create the next generation of fully electric vans based on a Software Defined Vehicle (SDV) platform and its dedicated services.

The new company is set to address the growing needs of efficient urban logistics and a decarbonised industry.

Both Renault and Volvo plan to invest roughly $500 million each over the next three years, with Flexis SAS to be based in France.

Following the agreement, French shipping and logistics company CMA CGM Group has confirmed its interest for a strategic investment up to $200 million in Flexis through its investment fund PULSE.

With the joint venture now official, the new family of fully electric vans will come equipped with SDV, as Renault and Volvo members prepare for production of the first van to begin in 2026.

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