France's CMA CGM has acquired a 10% stake in the Flexis electric van venture set up by Renault and Volvo Group, the companies said on Wednesday, as the shipper expands further into the logistics ...

Renault will work with fellow carmaker Volvo and shipping group CMA CGM on an electric van project that Renault has been developing to boost its position in the booming electric vehicle market.

CMA CGM is set to contribute €120 million to the project. The alliance is currently seeking additional partners and investments. The venture, led by CEOs Martin Lundstedt of Volvo Group and Luca de ...

PARIS, Oct 6 (Reuters) - Renault RENA.PA will work with fellow carmaker Volvo VOLVb.ST and shipping group CMA CGM on an electric van project that Renault has been developing to boost its position ...

FRANCE’S CMA CGM has acquired a 10 per cent stake in the Flexis electric van venture set up by Renault and Volvo Group, the companies said on Wednesday (Apr 3), as the shipper expands further into the ...

Volvo and Renault join forces with CMA CGM for electric van venture ...

CMA CGM signed a non-binding letter of intent with Renault and Volvo to join the new company and invest 120 million euros through PULSE, its energy fund focused on decarbonisation of transport and ...

French shipper CMA CGM acquires 10% of Volvo-Renault electric van business ...

Renault brings in Volvo, CMA CGM for electric van project. By Reuters. October 6, 2023 8:53 AM UTC Updated October 6, 2023 Item 1 of 3 The logo of Renault is seen at the Viva ...

French shipper CMA CGM acquires 10% of Volvo-Renault electric van business With the shipper's acquisition of a 10% stake in the E-van business, Renault and Volvo's share will be reduced to 45% each.

CMA CGM, which has invested heavily in non-maritime transport in recent years, would assist in adapting design to the needs of logistics firms and would also provide supply chain support. ($1 = 0. ...

Renault will work with fellow carmaker Volvo and shipping group CMA CGM on an electric van project that Renault has been developing to boost its position in the booming electric vehicle market.