renault

Renault and Volvo share 45 percent ownership, with CMA CGM holding the remaining 10 percent. Also announced at the official launch was the new CEO of Flexis, who will be Philippe Divry, while Krishnan Sundararajan will take over as COO. The partners have given themselves two years to define and stre...

Following the joint venture binding agreements signed on October 6th, 2023, Renault Group and Volvo Group have obtained the required regulatory approvals to officially launch the new company for the next generation of fully electric vans based on a Software Defined Vehicle (SDV) platform.

The electric van, which will be available from Spring, this year, is equipped with two battery options, 40 kWh and 87 kWh. The “Aerovan” design and a new, fully optimised platform have helped to reduce power consumption by more than 27% compared with the current generation.

The rare-earths-free rotor technology will be shrinking its carbon footprint by 30%. This third-generation motor will also help shorten battery charging times as the system will be built for 800 volts instead of 400 volts, the standard today. Renault and Valeo look at 2027 for mass production.

The creation of a new company, based in France, which is expected to begin operations in 2024 with the goal of starting production of electric vans in 2026 with a completely new architecture, was announced. French logistics group CMA CGM is also expected to participate.

As part of this cooperation, Nissan has confirmed its intention to become a strategic investor in Ampere, Renault Group’s new EV and software entity in Europe. Renault Group and Nissan will retain cross-shareholdings of 15% with lock-up and standstill obligations. Renault will transfer 28.4% of its ...