Renault plans to acquire the remaining stake in Flexis, ending the joint venture structure created in April 2024 with Volvo Group and CMA CGM. The French automaker and Volvo Group together hold a combined 90% stake in the commercial vehicle venture, with each owning 45%. French shipping and logistics group CMA CGM owns the rest. The commercial vehicle venture was set up to develop battery-electric vans using a centralised computing platform. French newspaper Le Monde reported that tensions emerged fol ...