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Renault said it would acquire Volvo AB's 45% stake and CMA-CGM's 10% stake in electric-van joint-venture Flexis for an undisclosed sum.
Renault will buy out truckmaker Volvo's and shipping group CMA CGM's stakes in their new generation electric vans joint venture Flexis, the French carmaker said on Monday.
Renault SA (RNLSY) Q4 2025 Earnings Call Transcript
French automaker Renault Group is studying a plan to build its next generation of compact electric vehicles (EVs) at its plant in Palencia in Spain, CEO Francois Provost said on Thursday, after the company reported earnings for 2025.
The carmaker is pursuing international expansion and a growing share of electric vehicle sales.
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