VLVLY - Renault Volvo And Shipping Company CMA CGM Join Hands For New Line Of Electric Vans | Benzinga
Renault SA (OTC: RNSDF) (OTC: RNLSY), Volvo (OTC: VLVLY), and the French shipping and logistics company CMA CGM are partnering to produce an all-new generation of fully electric vans and associated services.
Renault and Volvo have signed binding agreements to launch a new company where they will initially hold respective 50-50 equity stakes.
The companies are planning to invest € 300 ...