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home / articles / VLVLY - Renault Volvo And Shipping Company CMA CGM Join Hands For New Line Of Electric Vans | Benzinga


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 ...

Full story available on Benzinga.com

Stock Information

Company Name: Volvo AB ADR
Stock Symbol: VLVLY
Market: OTC

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