Nordic News and Business Promotion in Asia
The Swedish automaker Volvo Cars recently reported a drop in global sales in August of 10.6 percent compared with the same period last year. According to media CB, overall underlying demand …
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Volvo Cars in Sweden is experiencing a shortage of semiconductor chips which temporarily halts production at the carmaker’s factory in Torslanda near Gothenburg in Sweden. Volvo, which is owned by …
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Volvo Cars have agreed to buy out parent company Zhejiang Geely Holding (GEELY.UL) from their joint ventures in China, potentially boosting the Swedish automaker’s valuation ahead of a planned share …
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Volvo Cars and its parent company Geely Holding have agreed to create a joint venture under the name Aurobay for its powertrain operations, as the companies proceed with their earlier …
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Volvo Cars owned by Geely Holding of China is partnering up with Swedish battery maker Northvolt in the development of batteries for both Volvo and Polestar. According to a recent …
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According to a recent company announcement, Swedish automaker Volvo Cars is considering an initial public offering on Sweden’s main stock exchange later this year, with Chinese company Geely Holdings to …
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A global shortage of semiconductor chips halts and adjusts the Swedish carmaker Volvo Cars production in China and the United States for parts of March, Reuters reports. Volvo Cars which …
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Geely, China’s largest private-sector automaker, has taken the first step toward becoming the Foxconn of electric vehicles. Geely and Foxconn, the Taiwanese Apple assembler, are establishing a 50-50 joint venture …
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3 March 2021 Volvo Cars announced it is only going to sell electric vehicles by 2030. It will phase out all car models with internal combustion engines by then, including …
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According to a newly released report by Volvo Cars, Swedish carmaker, Volvo Cars experienced a drop in 2020 earnings but the company which is owned by China’s Geely remains optimistic …
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