CMA CGM joins Renault and Volvo as founding member of Flexis SAS


(AOF) – CMA CGM has joined Flexis SAS founded on March 22, 2024 by Renault and Volvo, a joint venture dedicated to the development of the next “revolutionary” generation of electric vans. CMA CGM, through its Pulse energy fund, is taking a 10% stake in Flexis SAS and will invest up to 120 million euros by 2026. Volvo and Renault, which each hold 45% in Flexis SAS, plan to invest respectively 300 million euros over the next three years.

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