Renault to take full control of electric-van venture Flexis by buying out Volvo and CMA CGM stakes
Renault announced it will buy out the remaining stakes held by Volvo Group and CMA CGM in their joint electric-van venture, Flexis, consolidating full ownership.
Why it matters
This move signals Renault's renewed push in electric mobility, impacting the auto industry's shift toward green transport.
The big picture
This kickstarts the business week with a clear signal on auto-sector consolidation and EV strategy.