Deals Counterparts

Volvo Group, through Renault Trucks, will market Renault Trafic Van E-Tech electric

Supply Agreement EV Charging announced Sandouville, France Feb 23, 2026
development
Stage
Flexis
Project

Volvo Group, through Renault Trucks, will market the Renault Trafic Van E-Tech electric from 2027 onwards, in continuation of the long‑standing partnership between Renault Group and Renault Trucks for light commercial vehicles.

Deal Analysis

Volvo Group, through Renault Trucks, will market the Renault Trafic Van E-Tech electric from 2027, solidifying the existing partnership between Renault Group and Renault Trucks in the light commercial vehicle sector. This supply agreement allows Volvo Group to expand its electric vehicle offerings through Renault's existing EV platform, leveraging Renault's expertise in electric vehicle manufacturing and technology. The deal is expected to commence in 2027, indicating a planned integration and preparation period. While the financial details of the agreement remain undisclosed, the partnership signifies a strategic move for both companies. For Volvo, it provides a readily available electric van solution, accelerating its entry or expansion in the electric light commercial vehicle market. For Renault, it secures a significant customer for its Trafic Van E-Tech, bolstering production and market reach. This agreement underscores the growing trend of collaboration and strategic partnerships within the automotive industry as companies navigate the transition to electric vehicles.
  • Volvo Group will market Renault's Trafic Van E-Tech electric, leveraging Renault's EV technology.
  • The deal strengthens the long-standing partnership between Renault Group and Renault Trucks.
  • The agreement allows Volvo to expand its presence in the electric light commercial vehicle market.
  • The deal reflects the increasing trend of collaboration in the automotive industry's transition to EVs.
Market Context: The electric vehicle (EV) market is experiencing rapid growth, driven by increasing environmental concerns and government regulations. The light commercial vehicle segment is a key area of focus, with businesses seeking to electrify their fleets to reduce emissions and operating costs. Partnerships and collaborations are becoming increasingly common as companies seek to share resources and expertise in this evolving market.

Source Intelligence

KEY DETAILS

Renault Group will acquire full ownership of Flexis SAS, the joint venture established by the three companies in 2024. Renault Group will acquire Volvo Group's and CMA CGM Group's respective stakes in Flexis (45% and 10%).

Location
Sandouville plant in Normandy
Announcement
February, 23, 2026
Signing
February, 23, 2026
COD
By the end of 2026, production of the Renault Trafic Van E-Tech electric, the first model of the range, will begin at Renault Group's Sandouville plant, France.
Expected Close
It could become effective by the end of the first half of 2026, subject to approval by the competition authorities.
PARTIES MENTIONED IN SOURCE
R
Renault Group buyer

"Renault Group will acquire full ownership of Flexis"

V
Volvo Group seller

"Renault Group to acquire Volvo Group's and CMA CGM Group's respective stakes in Flexis (45% and 10%)"

C
CMA CGM Group seller

"Renault Group to acquire Volvo Group's and CMA CGM Group's respective stakes in Flexis (45% and 10%)"

R
Renault Trucks distributor

"Volvo Group, through Renault Trucks, will distribute these products from 2027"

high quality Enriched Feb 24, 2026

Timeline

Announced
Feb 23, 2026
Signed
Feb 23, 2026
Closed

Market Context

This deal is part of the EV Charging sector in France.
20
EV Charging deals
71
deals in France
1 of 20 EV Charging deals tracked this month · Updated daily

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