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Renault Group takes full ownership of Flexis

• Following the receipt of all required regulatory approvals, Renault Group has acquired full ownership of Flexis.


• Production of the Renault Trafic Van E-Tech electric, the first fully electric van based on a Software Defined Vehicle (SDV) platform, will begin as initially planned, at Renault Group's Sandouville plant (France), at the end of 2026.


• As part of the longstanding partnership between Renault Group and Volvo Group in light commercial vehicles, Volvo Group, through Renault Trucks, will also market the vehicle from 2027 onwards.


Boulogne-Billancourt, June 17th, 2026 – Renault Group has obtained all the necessary regulatory approvals to acquire the stakes held by Volvo Group and CMA CGM Group in Flexis (45% and 10% respectively), bringing its ownership to 100% and making Flexis a wholly owned subsidiary of Renault Group. This change in governance does not impact the product ambitions or the original industrial plan.


Since 2024, a strong technological foundation has been developed for Trafic Van E-Tech electric, including a unique skateboard platform designed to integrate an 800V electric powertrain, as well as a Software Defined Vehicle (SDV) architecture.


Renault Group's teams will complete the development of the new generation of fully electric vans and their associated services, addressing the challenges of urban logistics and the growing demand for decarbonization.


As initially planned, production of the Renault Trafic Van E-Tech Electric, the first model in the range, is set to begin at the end of 2026 at Renault Group's Sandouville plant in France.


Volvo Group, through Renault Trucks, will also market the vehicle from 2027 onwards, in continuity with the longstanding relationship between Renault Group and Renault Trucks in light commercial vehicles.

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