en.Wedoany.com Reported - Renault Group announced on June 17, 2026, that it has completed the acquisition of all shares in the joint venture Flexis, making Flexis a wholly-owned subsidiary of the Group. The joint venture was originally founded by Renault Group together with Volvo Group and CMA CGM. After reaching an agreement in February 2026, Renault Group obtained all necessary regulatory approvals and acquired the shares of its two former partners.

According to the original plan, the first model in the series, the Renault Trafic Van E Tech electric, will begin production at the end of 2026 at Renault Group's plant in Sandouville, Seine-Maritime. Sweden's Volvo Group, through its French subsidiary Renault Trucks, will also start selling this model from 2027. Renault Group stated that the team will continue to develop a new generation of fully electric vans and related services to address urban logistics challenges and the growing demand for decarbonization, emphasizing that the change in Flexis's equity structure does not affect product ambitions or initial industrial plans.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com