Nordic News, Business and Life in Asia
Sales and service of the Chinese leading electric vehicle company, BYD, are now available in Laos by distributors, Lao Thani and Auto Asia, following the recent signing of Memorandum of …
Chinese leading EVs of BYD now available in Laos Read More
The Chinese automaker, Geely, is in the early stages of planning to enter Thailand’s electric vehicle (EV) market, according to two people with knowledge of the discussions. The people said …
Chinese automaker Geely plans to enter Thailand EV market Read More
Swedish commercial vehicle maker Scania wants to be more present in China. According to the company’s president and CEO, Christian Levin, China is the biggest market for commercial vehicles in …
Scania wants bigger presence in China Read More
Volvo has just opened a new design studio in Shanghai, China. The studio will join the existing studios in Sweden and California. The new Design Studio mirrors Volvos’ headquarters in …
Volvo opens new design studio in China Read More
Sales of electric cars in Indonesia jumped in April after the government launched tax incentives. Effective from April 2023, Indonesia cut the value-added tax (VAT) on electric cars from 11% …
Indonesian tax cut drives electric car sales Read More
The Chinese-owned Volvo Cars of Sweden announced on Thursday, 4 May 2023, that it will cut 1,300 office positions or about six percent of its employees in Sweden in an …
Volvo to cut 1,300 office jobs in Sweden to reduce costs Read More
Sweden-based Volvo Cars said on Wednesday, May 3, that sales increased by 10% in April to 51,976 cars. The rise in sales are mainly boosted by strong gains in China. …
Volvo sales grow 10% in April due to high demand in China Read More
Deliveries of NIO’s EC7 coupe-style SUV have officially been launched. For now, the EC7 is only for sale in China. However, it’s expected to make it to Europe in the …
First deliveries of Chinese NIO EC7 SUV to Europe Read More
Swedish automotive company, Volvo Car, announced its goal to be a fully electric car company in Thailand by 2025, according to the Thai-Swedish Chamber of Commerce (TSCC). Chris Wailes, Managing …
Volvo Car aims to be full electric in Thailand by 2025 Read More
Finnish-based Virta who is a provider of charging services for electric vehicles, has raised 85 million euros to expand its operations in Southeast Asia. The capital have been donated by …
Finnish EV firm raises 85 million euros for Asian expansion Read More