A new generation of transportation strategies proposed to meet the eco-friendly policies of a large number of businesses. #eco #transport #logistics #development
📢 Breaking news 📢 Volvo Group, Renault Group and CMA CGM Group join forces to create a new company to address the growing needs of decarbonized and efficient logistics with an all-new generation of electric vans. Renault Group and Volvo Group sign binding agreements to launch a new company where they will initially hold respective 50-50 equity stakes, to invest EUR 300 million each over the course of the next three years. CMA CGM Group signs a non-binding letter of intent to join the new company, investing EUR 120 million through PULSE, its Energy Fund dedicated to accelerating the decarbonization of transport and logistics sectors. An all-new family of fully electric and software defined vehicles will be introduced by the new company with the first production planned to start in 2026. “As a member of the Volvo Group Executive Board, I’m very proud to see that we intend to join forces with our historical partner, Renault Group, to develop innovative and fully electric solutions. This is a great step for us towards transport decarbonisation, opening up new opportunities in the segment of last mile delivery” says Bruno Blin, EVP Volvo Group & President Renault Trucks. More information on press release: https://lnkd.in/eXe6YXpg #renaulttrucks #volvogroup #renault #renaultgroup #cmacgm #decarbonization #electricvehicles #electricvans
