Renault completes Flexes acquisition

The French Renault Group has completed its full acquisition of Flexes, the developer of light and electric vehicles, after receiving the necessary official approvals. Flexes is now wholly owned by Renault, with 100% ownership, and it specializes in the production of innovative electric trucks and vans. The company has plans toIntroduce small commercial vehicles, such as the Renault Trafic Electric, by the end of the year in France. Volvo Group will distribute Flexes' products through Renault Trucks starting from 2027. Renault also confirms that this deal will not impact its production plans.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article