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Renault to take full control of electric van firm Flexis, buying out Volvo, CMA CGM - Reuters

Renault to take full control of electric van firm Flexis, buying out Volvo, CMA CGM - Reuters

Renault to take full control of electric van firm Flexis, buying out Volvo, CMA CGM Reuters

February 23, 2026 at 07:25 AM Original source
7 agencies covered this story

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Notable Quotes

"the French carmaker said on Monday."

— François Provost , Executive

"The agreement will become effective by the end of the first half of 2026."

— Francois Provost , Executive

All Coverage

Reutersvia rss

<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxNeW1aYmExNGcwUzJpVTlvV0VlTmhxelhnd3Bkekh2UnNWVG5vcVVxUFQxQkpFeEtnT1dwMzF4eG5SVUVoUWVWRXMtODE3RmdMRmxsMVpQNHl4dEo4QW5oQ3dXb1dSTnA3YlVHYkVBeWg4SVJTODRkd0VKS3R4SmF0TW02Y204djhCcU1iTUdzN05uVlc5b2xCZXp5MlJVZHh5aWdRT0ljV25yZw?oc=5" target="_blank">Renault to take full control of electric van firm Flexis, buying out Volvo, CMA CGM</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

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PR Newswirevia ai

Renault Group will acquire full ownership of Flexis by purchasing Volvo's 45% stake and CMA-CGM's 10% stake, with production of the Renault Trafic Van E-Tech Electric set to begin by the end of 2026.

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Motor Tradervia ai

Renault Group will acquire Volvo Group’s and CMA CGM Group’s respective stakes in Flexis (45% and 10%), with production of the Renault Trafic Van E-Tech Electric set to begin by the end of 2026.

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Volvo Groupvia ai

Renault Group will acquire full ownership of Flexis by purchasing Volvo's 45% stake and CMA-CGM's 10% stake, with production of the Renault Trafic Van E-Tech Electric set to begin by the end of 2026.

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The Business Timesvia ai 1 quote 1 person

Renault will buy out the stakes of Volvo and shipping group CMA CGM in their new-generation electric-van joint venture Flexis, with production of the Renault Trafic Van E-Tech Electric set to begin by the end of 2026.

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Aaj English TVvia ai 1 quote 1 person

Renault will buy out truckmaker Volvo’s and shipping group CMA CGM’s stakes in their new generation electric vans joint venture Flexis, with production of the Renault Trafic Van E-Tech Electric set to begin by the end of 2026.

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Investing.comvia ai

Renault will acquire Volvo AB’s 45% stake and CMA-CGM’s 10% stake in electric van joint venture Flexis, with production of the Renault Trafic Van E-Tech Electric set to begin by the end of 2026.

80%