Nordic News, Business and Life in Asia
ScandAsia reports on the automotive industry, with a focus on Nordic companies, manufacturing, electric vehicles, suppliers, trade, investment, innovation and sustainability across Southeast Asia and China.
For more in-depth coverage of European industrial technology and manufacturing in Thailand, visit EuroThaiLink.
Swedish carmaker Volvo Cars plans to cut 2,500 jobs worldwide as it struggles with falling revenue, weaker electric-vehicle demand and intensifying competition in China. The company announced the cuts on …
Volvo to cut 2,500 jobs amid pressure from China Read More
Chinese autonomous driving company WeRide has entered into a partnership with Danish car-sharing operator GreenMobility to introduce driverless mobility services in Denmark. The companies aim to launch a public service …
Chinese WeRide plans driverless car service in Denmark Read More
Vietnamese mobility company Green SM has launched a fully electric taxi service in Copenhagen, making Denmark the company’s first European market and marking the first export of Vietnam’s integrated electric …
Vietnamese taxi model launched in Copenhagen Read More
Car insurance decisions often begin with premium comparison, but the real question is not only how much you pay today. It is how much financial protection you may need when …
Why Third-Party Insurance May Feel Cheaper but Cost More Later Read More
A delegation of Nordic companies will this week take part in a coordinated industrial mission to Thailand organised by the Thailand Board of Investment (BOI) office in Stockholm in connection …
Thailand’s BOI office in Stockholm expands Nordic industrial outreach Read More
Motor accidents can create more than one kind of financial loss. You may have to deal with damage or injury caused to another person, while your own car may also …
How Third-Party Car Insurance and Own Damage Cover Work Together in an Indian Claim Read More
Owning a vehicle in Asia involves unique challenges that differ from those in other parts of the world. From humid tropical weather to dense city traffic, your car goes through …
Smart Ownership Tips in Asia That Pair Well with Mopar Protection Plans Read More
Start By Checking What You are Actually Buying Many people compare premiums without checking what the policy actually covers, and then feel the car insurance price is too high. Third-party …
Why New Car Insurance Premiums Feel High: The Real Reasons Behind the Price Read More
There has undoubtedly never before been a more vibrant time for Swedish-Vietnamese trade relations than now. Swedish investments into Vietnam, paired with various bilateral collaborations, are at an all-time-high, and …
Modernising the heritage and deepening the trade relationship key goals for Swedish Ambassador Johan Ndisi Read More
A Dutch design studio has launched a programme offering owners of a classic Volvo model the possibility to have the car comprehensively redesigned and modernised, while retaining its original character. …
Concept idea: Old cars redesigned and modernised Read More
Almost all new cars sold in Norway last year were fully electric, confirming the Nordic country’s position as the world’s most advanced electric vehicle market, according to Reuters. Official data …
Norway cements EV leadership as electric cars reach 96% of new sales in 2025 Read More
Swedish truck maker Scania has inaugurated its new €2 billion factory in Rugao, China — the company’s largest overseas investment. In an interview with China Daily, Christian Levin, president and …
Scania CEO sees China as key to solving global production bottlenecks Read More
As the Philippines and the broader Asia-Pacific region intensify efforts to modernize transport systems and improve road safety, Sweden reaffirmed its commitment to supporting smart, safe, and sustainable mobility. Team …
Team Sweden Calls for Safer and More Sustainable Transport Solutions in the Philippines Read More
Swedish truck manufacturer Scania will open its new 2,3 billion USD production facility in Rugao, eastern Jiangsu province, in October 2025. At least half of the trucks produced at the …
Scania to open new 2,3 billion USD truck plant in China in October Read More
Chinese electric vehicle maker Nio plans to introduce its family-focused Onvo sub-brand to Denmark by late 2026, but will market the cars under the main Nio name, according to Danish …
Nio to Relaunch in Denmark with Onvo and Firefly Sub-Brands by Late 2026 Read More
Volvo Cars announced on 21 May 2025 an expanded partnership with Google to accelerate the rollout of Android Automotive OS innovations, including the integration of Google’s new conversational AI, Gemini. …
Volvo Cars expands partnership with Google AI integration Read More
Volvo Cars reported an operating income of SEK 1.9 billion for the first quarter of 2025, down sharply from SEK 4.7 billion in the same quarter last year. The result …
Volvo Cars announces SEK 1.9 billion profit in Q1 and launches cost-saving plan Read More
Finnish Minerals Group and Beijing Easpring Material Technology have announced the start of construction of a cathode active material (CAM) plant in Kotka, Finland. The announcement was made on Wednesday …
Finnish-Chinese battery plant in Kotka moves to construction phase Read More
Plans for a SEK 13 billion large battery anode factory in Timrå, north of Sundsvall, have been entirely scrapped, according to Dagens Industri. The China-owned company Shanghai Putailai (PTL) was …
Huge Chinese battery investment in Sweden cancelled Read More
Volvo Cars’ new sedan model, the ES90, is manufactured in Chengdu, China, placing it at the center of the ongoing trade conflict between the United States and China. The launch …
Volvo Cars’ new ES90 model impacted by US-China trade conflict Read More
China Evergrande Group’s electric vehicle (EV) unit has agreed to sell its 20% stake in Swedish real estate property lessor AB Trollhättan Propellern 13 for 60 million Swedish krona ($5.63 …
China Evergrande’s EV unit to sell 20% stake in Swedish firm for tax needs Read More
Volvo, the Swedish automaker owned by China’s Zhejiang Geely Holding Group, has announced plans to shift the production of its EX30 and EX90 electric vehicle (EV) models from China to …
Volvo plan to move production due to China’s market pressures Read More
Swedish automotive safety leader Autoliv, Inc. is set to start operations at its new airbag cushion plant in Quang Ninh province, northern Vietnam, in November 2025. The facility, located in …
Sweden’s Autoliv to open airbag cushion plant in northern Vietnam Read More
The Volvo EX30, a compact electric SUV, will be showcased at Sime Darby Swedish Auto in Ara Damansara on October 5. This marks the model’s debut in Malaysia, offering a …
Volvo EX30 launches in Malaysian Showroom Read More
Carlsberg and Grab Cambodia have partnered to promote responsible drinking in Cambodia. The collaboration, announced on September 27, is part of Carlsberg’s #CelebrateResponsibly campaign. The year-long initiative aims to reduce …
Carlsberg and Grab Cambodia partner up to promote responsible drinking Read More
Volvo Cars’ sales rose 6% year-on-year in July to 57,447 cars, driven by an increase in fully electric vehicles in Europe, the Sweden-based automaker said on Friday 2 August 2024. …
Volvo’s electric cars drive global growth Read More
The Vietnamese automobile distributor Tasco has bought out Sweden Auto, which is the sole distributor of Volvo cars in Vietnam on 8 July 2024. This strengthens Tasco Auto’s position as …
Tasco buys Sweden Auto to sell Volvo in Vietnam Read More
The Swedish electric perfomance car brand Polestar has announced that it plans to enter seven new markets during 2025. One of these being Thailand. The new markets will be in …
Polestar expands to Thailand Read More
Norway will not follow the EU in regards to tariffs on Chinese electric cars. This was announced by the Norwegian Finance Minister Trygve Slagsvold Vedum and he underlined, that tariffs …
Norway won’t follow EU’s car tariffs on Chinese cars Read More
The European Commission has today notified car makers, that additional tariffs of up to 25 percent will be imposed on Chinese EVs from July. The tariffs are expected to earn …
EU to impose multi billion-euro tarriffs on Chinese EVs Read More
Volvo Cars has begun moving the production of its electric car manufacturing from China to Ghent in Belgium. It is happening at the same time as the EU is investigating …
Volvo moves production from China to Belgium Read More The Swedish founded car company Volvo sales has overall risen 13 percent this May compared to last year. This boost is mainly due to the sales of electric vehicles. The …
Volvo sales rise by 13 percent Read More
According to Human Rights Watch there is a good chance that the Chinese cars sold to Denmark are being produced with forced labor in the Xinjiang province in China. In …
Cars in Denmark most likely produced with forced labor in China Read More
The Chinese automobile manufacturer Geely Group has started mass production of Volvo’s first minivan. The car with the name Volvo EM90 will only be available in China and will be …
Chinese Geely starts mass production of Volvo minibus Read More
The Chinese car HiPhi Z won the El Prix in Norway, held by the Norwegian Automobile Association to test Electric Vehicles’ ability to drive in cold weather. The biannual El …
Chinese HiPhi Z wins cold weather test in Norway Read More
Way up north, in the Norwegian town of Kirkenes, Chinese energy buses will now be driving on the icy roads. The buses have been constructed by Yutong Bus Co., Ltd., …
Chinese energy buses successful in Kirkenes’ arctic climate Read More Volvo Car Thailand is set to open a battery repair center for EVs and PHEVs in Thailand. The center is planed yo open by mid-year, extending its reach to the …
Volvo opens news battery repair center in Thailand Read More
Volvo Malaysia is eagerly awaiting details on the upcoming High-Value Goods Tax (HVGT). There is still a hope that the luxury tax will avoid hindering efforts to promote electric vehicle …
Volvo Malaysia awaits details on new High-Value Goods Tax Read More
Polestar Automotive Holding fell short of its 2023 delivery target, citing weak demand for higher-priced models in China as a reason for the shortage. The company delivered 54,600 vehicles last …
Swedish Polestar misses 2023 delivery target amidst weak demand in China Read More
China has become the global producer of drive motors and power batteries, with a 74 percent share in power battery patent applications. In Norway, Chinese high-end electric vehicles are making …
The Norwegian market embraces Chinese EV brands Read More
Chinese automaker Geely has confirmed, that the company has reduced its stake in Volvo AB, the Swedish truckmaker. Geely transferred over 7 billion SEK ($685 million) worth of stock to …
China’s Geely decreases Volvo stake Read More
Volvo Cars announced a stellar performance in 2023 with a total of 708,716 cars sold during the year. The Swedish automaker attributed the success to a 15 percent overall sales …
Volvo Cars celebrates sales surge in 2023 fueled by growth in China Read More
Geely Automobile Holdings and BYD Co reported notable increases in their 2023 vehicle sales. The two China-based companies are now setting ambitious targets for 2024, according to Reuters. Geely’s global …
Chinese automakers surge in 2023 sales with growing focus on Scandinavia Read More
Chinese electric vehicle manufacturer, XPeng Motors, secured the third position in Denmark’s Car of the Year 2024 awards with its XPeng G9 SUV. The recipients were announced by the association …
Chinese XPeng places third in Denmark’s 2024 Car of the Year Read More
A Finnish business delegation, led by Consul General Anu Vuori and Executive Director of FinnCham Shanghai, Ville Lintervo, undertook a visit to the Shanghai Auto Innovation Park in Anting on …
Finnish business delegation exploring automotive opportunities in China Read More
Volvo Cars experienced a significant drop in its shares, falling approximately 13% to a historic low, following the sale of a portion of its stake by its major shareholder, Geely. …
Volvo shares crashed to all-time low due to Chinese Geely selling stocks Read More
Volvo Car AB is strategically entering the Chinese luxury market with its premium battery-powered minivan, The EM90. Marketing it as a mobile Scandinavian “living room,” the van is priced at …
Volvo targets Chinese luxury segment with new model Read More
Swedish electric vehicle maker Polestar expects to enhance the technological cooperation with China, said CEO of Polestar, Thomas Ingenlath, in an interview with Xinhua on 9 November, 2023. He said …
Swedish Polestar expects more Chinese cooperation Read More
Malaysia got its first energy storage system for electric car charging stations last week, with some help from the Norwegian company Pixii, who provides complete systems that transfer energy from …
Malaysia gets its first energy storage systems from Norway Read More
Chinese electric vehicle maker, Nio, is considering building a dealer network in Europe to speed up sales growth. Nio launched in Norway in 2021 and then entered Germany, the Netherlands, …
Chinese Nio is building a dealer network to boost EV sales in Europe Read More