Nordic News, Business and Life in Asia
Swedish Volvo Cars reported a 25% sales growth in September – one of the reasons being a bit of a higher demand from China. More than 61.000 cars were sold …
Chinese demand for Volvo Cars in September Read More
Jim Rowan, president and CEO of Swedish carmaker Volvo, wrote in a Linkedin post on Sunday, September 24, that it is impressive to see how fast electrification is taking place …
Volvo CEO praises EV potential in China Read More
After the country’s huge success with EV’s, the Chinese car industry is now going all in on flying electric cars. The Chinese EV company, Xpeng, is currently developing the sixth-generation …
The Chinese car industry is going all in on flying electric cars Read More
Volvo Cars said on Tuesday, September 19 that the company will end production of all remaining diesel models by early 2024. The move is a part of the strategy towards …
Volvo will end diesel car production by early 2024 Read More
The Swedish School of Textiles’ knitting technology lab in Borås, Sweden, is cooperating with Swedish-Chinese car maker Polestar, on interior textile for the Polestar 4 electric SUV coupe. The Swedish …
Swedish School of Textile collaborates with Polestar on interior Read More
The European Commission is considering imposing punitive rates to protect EU automakers against cheaper Chinese EV imports. “Global markets are now flooded with cheaper electric cars,” said European Commission President, …
EU considers imposing taxes against Chinese EV companies Read More
Volvo Car is opening a new tech hub and global innovation center in Singapore. The new hub will be a key center for data and analytics, software and advanced manufacturing …
Volvo opens new tech hub in Singapore Read More
The Swedish-Chinese EV maker, Polestar, plans to release a smartphone in combination with the launch of its first car in China in December. “The phone will only be sold in …
Polestar plans to release smartphone in China Read More
Swedish-Chinese electric vehicle maker Polestar, founded by Geely and Volvo Cars, posted an operating loss of $274.4 million on Thursday, August 31. This is down from $627.3 million in 2022, …
Swedish-Chinese EV maker Polestar posts operating loss Read More
China’s XPeng is buying out Didi Global’s Smart electric car division. The move will allow them to roll out a new, affordable brand of electric cars. XPeng is set to …
XPeng to launch affordable EVs in China and Norway Read More