Nordic News, Business and Life in Asia
Swedish EV maker Polestar has joined forces with Xingji Meizu, a mobile phone and electronics company, to build an operating system for Polestar cars sold in China. In the rest …
Swedish Polestar and Chinese Xingji Meizu join forces Read More
The first fully electric construction machines from Volvo Construction Equipment (Volvo CE) have been launched in Southeast Asia. Senior leaders from important construction companies, Volvo CE dealers from across Southeast …
Volvo CE launches first electric construction machines in Southeast Asia Read More
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