Renault Alone at the Helm to Ensure the Flexis Ship Doesn’t Turn into a Nightmare
- Published on 23/02/2026 11:48
Renault takes over 100% of Flexis and becomes the sole master of this joint venture dedicated to electric utility vehicles for urban logistics.
Amid increasing tensions among its founding shareholders, Flexis is changing course. Created by Renault Group, Volvo Group, and CMA CGM Group to address the challenges of decarbonizing transport, the company is now under exclusive control of Renault. The French manufacturer is buying back the 45% held by Volvo and the 10% from CMA CGM, thus consolidating its entire capital.
This strategic shift aims to provide Flexis with the financial and industrial stability it lacked to accelerate the development of its next generation of 100% electric light commercial vehicles. While Volvo is exiting the capital, the Swedish group remains a partner but under the name of its subsidiary… Renault Trucks. Not easy to follow, but important support that will ensure the distribution of models starting in 2027. The agreement, however, remains subject to regulatory approvals.
Flexis stays on course
This capital restructuring does not change the ambition or the industrial roadmap. Flexis continues the industrialization of its dedicated “skateboard” platform, designed to optimize last-mile logistics. Modular bodywork, a unique 800-volt architecture in this segment, advanced connected services: the goal is clear, to reduce the total cost of use by up to 30% for professionals.
The outlook is fortunately quite clear as the context is favorable. Under the impact of CO2 regulations and climate pressure, the European market for electric utility vehicles could grow by 40% per year by 2030. E-commerce and urban delivery players are seeking cleaner and more efficient solutions.
You might be interestedin this article:
Produced in Sandouville, where 550 recruitments are planned, this new range is set to accompany the launch of the Renault Trafic E-Tech Electric. With this complete takeover, Renault aims to assert its leadership in the strategic segment of electric utility vehicles and provide Flexis with the means to change course.
ALSO READ: Flexis and decarbonized logistics
This page is translated from the original post "Renault seul à bord pour que le navire Flexis ne se transforme pas en galère" in French.
We also suggestthese articles:
Also read
