CMA CGM, which has taken a 10% stake in Flexis SAS through PULSE, a specialist energy fund, will invest up to 120 million euros by 2026.
The Volvo Group and the Renault Group, which respectively hold a 45% stake in Flexis SAS, plan to invest 300 million euros each over the next three years.
A joint venture of three champions in their respective sectors to meet the needs of electrified vans. Having to cope with climate change, the growing weight of regulations on CO2 emissions and the boom in e-commerce and related logistics, professional operators have new expectations in terms of electrified vans. The European market for these vehicles is expected to grow by 40% per year on average until 2030.
To answer this question and advance the process of decarbonisation of the transport and logistics sectors, the Volvo Group, the Renault Group and the CMA CGM Group have created Flexis SAS.
Bringing together three leading companies with the agility of a start-up, Flexis SAS brings together the industrial expertise of world-class automotive manufacturers with the know-how of the leading automotive logistics company.