Nordic News, Business and Life in Asia
Chinese battery materials company Putailai is turning to Southeast Asia after scrapping a planned project in Sweden. The company said on 11 March it will invest 297 million USD in …
Chinese Putailai ditches Sweden plans for Malaysia plant Read More
Swedish carmaker Volvo Cars is recalling more than 40,000 of its electric EX30 SUVs worldwide due to a potential battery overheating risk, Reuters reports. The batteries were produced by a …
China-linked battery issue forces Volvo to recall 40,000 SUVs Read More
Chinese electric vehicle maker Nio has closed its only battery swap station in Denmark, located in Slagelse, marking the first shutdown of a Nio swap facility in Europe since the …
Nio closes Denmark battery swap station ahead of market relaunch Read More
Norway has become the latest Nordic country to strengthen Europe’s green technology ambitions, as Morrow Batteries in Arendal begins producing lithium iron phosphate (LFP) batteries to reduce reliance on Chinese …
Norwegian electric vehicle batteries may push to rival China’s dominance 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