Philippe Divry News Today

CMA CGM Group has joined Renault Group and Volvo Group as a founding member of Flexis SAS, a joint venture for the next generation of electric vans.

Volvo Renault Van Business: With the shippers acquisition of a 10% stake in the E-van business, Renault and Volvos share will be reduced to 45% each.

By Dominic Chopping STOCKHOLM--Volvos Philippe Divry will become chief executive of the Swedish truck makers new electric-van joint venture with Renault and CMA CGM. The three companies...

French car manufacturer Renault on Wednesday announced that shipping group CMA CGM officially joined Flexis, its partnership with Volvo Group on electric vans....

MARKET WRAPS Breaking News: The eurozones annual rate of inflation fell for the third straight month in March, a surprise that makes it more likely that the European Central Bank will cut... -April 03, 2024 at 05:32 am EDT - MarketScreener

Based on an electric skateboard platform, Flexis will be able to build a variety of purpose-built commercial vehicles for the world

By Dominic Chopping STOCKHOLM--Volvo, Renault and CMA CGM have named Philippe Divry as chief executive of their new electric-van joint venture. The three companies last year said they were...

Renault Group has announced that CMA CGM Group has joined Flexis SAS, its joint venture founded last month with Volvo Group, and dedicated to the development of the next generation of electric vans,...

PARIS -Frances 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... -April 03, 2024 at 07:18 am EDT - MarketScreener

The Renault Group, the French auto manufacturer, said on Wednesday that its CMA CGM Group had purchased a 10% joint venture stake in Flexis SAS, making it a founding member. The joint venture for the next generation of electric vans was founded on March 22 by Renault and the Volvo Group, holding each a 45% stake. Both companies plan to invest €300 million ($323 million) each over the next three years. CMA CGM, through PULSE, its energy fund, acquired the stake in Flexis and has confirmed ...