iLabX alumni Wagonex partners with Renault Trucks
Wagonex who took part in iLabX, Volvo Financial Services innovation programme in 2018 has now partnered with Renault Trucks.
The US based programme was structured around four innovation challenges: Build an exceptional customer journey; Financing next generation transport solutions; Digital transformation for business excellence; and Wildcard. Wagonex along with six other startups were selected to take part in the 10 week programme where teams developed and tested their solutions alongside VFS leading experts.
Created out of frustration caused by purchasing cars or being tied down to long-term leases, they created a vehicle subscription business that offers users a flexible alternative to car leasing and ownership. Through their platform, Wagonex’s car subscriptions are all inclusive, with road tax, delivery, maintenance, and the vehicle cost all part of one monthly payment.