Nordic News, Business and Life in Asia
A leadership change has taken place at Swedish car maker Volvo Cars in China. The company announced on May 11 that Yuan Xiaolin is stepping down as President and CEO …
Volvo Cars names new head for Greater China region Read More
The pressure is mounting on one of Sweden’s most iconic carmakers. Swedish Volvo Cars is tightening its ties with Chinese owner Geely Holding as global competition intensifies, according to new …
Volvo deepens China cooperation to navigate tougher market 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
A Dutch design studio has launched a programme offering owners of a classic Volvo model the possibility to have the car comprehensively redesigned and modernised, while retaining its original character. …
Concept idea: Old cars redesigned and modernised Read More
Volvo Trucks has expanded its road safety initiatives across Southeast Asia, aiming to reduce accidents and protect vulnerable road users such as children, pedestrians and motorcyclists. The region records …
Volvo Trucks strengthens road safety programs in Southeast Asia Read More
An article by Thai business platform ลงทุนแมน, recently shared by the Thai-Swedish Chamber of Commerce, sheds light on what drives the international success of Nordic companies—despite their countries’ small populations …
Why Nordic companies go global from day one Read More
Auto giant Volvo launched a new facility in Singapore on January 22 to support its goal of becoming a fully electric carmaker and a leader in technology. Specifically, the Volvo …
Volvo opens tech hub in Singapore Read More
The Swedish-rooted, Chinese-owned company Volvo has scaled back its electric vehicle ambitions, announcing Wednesday that it will no longer aim to produce only electric cars by 2030. The company also …
Volvo lowers electric vehicle targets and profit goals Read More
EU is set to impose higher tariffs on electric vehicles imported from China, according to Bloomberg. The new tariffs will impact Chinese car manufacturers such as SAIC (MG), Geely (Volvo), and …
EU to impose higher tariffs on Chinese electric cars Read More
The Vietnamese automobile distributor Tasco has bought out Sweden Auto, which is the sole distributor of Volvo cars in Vietnam on 8 July 2024. This strengthens Tasco Auto’s position as …
Tasco buys Sweden Auto to sell Volvo in Vietnam Read More
The European Commission has today notified car makers, that additional tariffs of up to 25 percent will be imposed on Chinese EVs from July. The tariffs are expected to earn …
EU to impose multi billion-euro tarriffs on Chinese EVs Read More
Volvo Cars has begun moving the production of its electric car manufacturing from China to Ghent in Belgium. It is happening at the same time as the EU is investigating …
Volvo moves production from China to Belgium Read More
Volvo Malaysia hosts its first-ever Volvo Padel Open tournament, which will be Malaysia’s first official and largest tournament. 500 padel players will compete from June 8-9, and the finalists will …
Volvo Malaysia hosts padel tournament Read More
The Chinese automobile manufacturer Geely Group has started mass production of Volvo’s first minivan. The car with the name Volvo EM90 will only be available in China and will be …
Chinese Geely starts mass production of Volvo minibus Read More
Volvo Malaysia is eagerly awaiting details on the upcoming High-Value Goods Tax (HVGT). There is still a hope that the luxury tax will avoid hindering efforts to promote electric vehicle …
Volvo Malaysia awaits details on new High-Value Goods Tax Read More
Volvo Cars experienced a significant drop in its shares, falling approximately 13% to a historic low, following the sale of a portion of its stake by its major shareholder, Geely. …
Volvo shares crashed to all-time low due to Chinese Geely selling stocks Read More
Volvo Car AB is strategically entering the Chinese luxury market with its premium battery-powered minivan, The EM90. Marketing it as a mobile Scandinavian “living room,” the van is priced at …
Volvo targets Chinese luxury segment with new model Read More
The Chinese EV brand ZEEKR has announced, that the company is moving its current EU headquarters in Sweden to the Netherlands. The Geely-owned EV brands EU branch has until now …
ZEEKR moves EU headquarters from Sweden 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
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
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
DSV Air & Sea Singapore has signed an agreement with Volvo Truck to purchase its first electric truck – a Volvo FL. The truck is set to be delivered in …
Electric Volvo truck is coming to Singapore Read More
Volvo Trucks has delivered its first electric truck in Taiwan to WRC PACIFIC, LTD. The delivery took place at Taikoo Kaohsiung Flagship Service Center, belonging to the national dealer Taikoo …
First Volvo electric truck delivered in Taiwan 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
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
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
Volvo Car Malaysia has opened its largest certified damage repair center. Called the Volvo Certified Damage Repair (VCDR) Centre, the new outlet is located in Juru, Penang. The center is …
Volvo Malaysia gets largest certified damage repair center Read More
The Swedish automotive brand, Volvo Cars, published its sales report saying that for the first quarter of 2023, the company sales grew up 10 percent compared to the same period …
Swedish Volvo Cars sales rise 10 percent for the first quarter of 2023 Read More
Volvo Construction Equipment is preparing to launch sales in Singapore. The company’s new online portal is open for Singapore companies to register their interest in using electric machines from Volvo …
Volvo is bringing electric loaders to Singapore Read More
Malaysia and Sweden have signed a Memorandum of Understanding (MoU) to strengthen collaboration on ensuring a green transition in Malaysia. The MoU between Malaysian Green Technology and Climate Change (MGTC) …
Sweden to help Malaysia boost green transition Read More
According to Volvo Car Malaysia, the EX90 is expected to arrive in Malaysia by the fourth quarter of 2024. The price is yet to be confirmed. This follows the company’s …
Volvo EX90 EV is coming to Malaysia in 2024 Read More
According to Reuters, Volvo has revealed, that they expect to launch at least six new batteri driven electric vehicles by 2026. “Volvo is planning to convert all its mainline models …
Volvo is working on biggest product revamp under Geely Read More
The Chinese carmarker, Geely Auto Group has officially entered the EU market after it recently signed an agreement with the Hungarian car importer, Grand Automotive Central Europe (GACE). “This partnership …
China Geely carmaker enters EU market with “top quality” products Read More
The Swedish manufacturer, Volvo Cars announced that it will no longer sell petrol or diesel vehicles in Denmark on Tuesday, 20 September 2022. The company is now exclusively focusing on …
Volvo Cars announced to no longer sell petrol or diesel cars in Denmark Read More
19 May 2021 The three-point seat belt was invented by Volvo in Sweden in 1959. Subsequently, Volvo gifted it to the world by letting other car manufacturers use this seat …
Did you know that the three-point seat belt was a Swedish innovation? Read More
15 April 2021, the Swedish Chamber of Commerce in Singapore announced: We are proud to present SwedCham’s Board Committee for 2021. As it would be tough to find a stronger …
SwedCham Singapore welcomed 2021 Board Committee Read More
The Swedish automaker Volvo can celebrate a fantastic last year, despite the pandemic, with the launch of its first fully electric car and record-breaking sales in the second half of …
Volvo’s China sales saw the biggest increase in the first quarter of 2021 Read More
Volvo Cars is opting in its 40,000+ employees around the globe, in all plants and offices, into a new all-gender, paid parental leave policy as of 1 April 2021. The …
Volvo’s ‘Family bond benefit’ granted global employees 6 months paid parental leave Read More
Volvo Cars, the Swedish auto maker owned by China’s Zhejiang Geely Holding Group, says electric vehicles make up more than a third of the company’s new car sales in …
Volvo EV sales in Europe made up more than 3rd of company’s car sales Read More
Volvo Vietnam has asked owners of 476 specific models to bring their cars back for a minor modification of the automatic break system. The models are XC40,XC90,S90 and V90. These …
Volvo Vietnam asks owners of certain models to return cars for repair Read More
Despite the ongoing coronavirus crisis, production of the latest model – Polestar 2 – of the Swedish car brand Polestar has begun in China, with deliveries anticipated to take place …
Swedish carmaker Polestar starts production of latest model Read More
Volvo Car Thailand, Co, Ltd announced on Monday 16 March 2020 its latest plan to build a massive 23,331 square metre cargo centre on Bangna-Trad Km.23 Rd. in Bangkok. Together …
The next Volvo Cars Thailand Center will be an overall service hub for South East Asia Read More
Volvo recently released its three brand new models in the Philippines with environmentally friendly engines. The official launch was at the ‘Future of Electric Forum’ organized by Volvo Philippines on …
Volvo releases hybrid engine in Philippines Read More
The Swedish carmaker Volvo launches project in Philippines called Safe Roads for road safety. According to Carmudi Philippines, the program is part of Volvo’s vision of having no casualties or injured …
Volvo to promote safer roads in Philippines Read More
Volvo Philippines, the official distributor and dealer of Volvo cars in the Philippines, will sponsor the annual Crayfish Party, organised by the Nordic Chamber of Commerce (NordCham) in the Philippines …
Volvo sponsors Crayfish Party in Philippines Read More
Do you have a Volvo model S60, S80, S90, V40, V60, V70, V90, XC60 or XC90 with a 2-litre or 4-cylinder diesel engine produced between 2014 and 2019? Then you …
Volvo identifies faulty engine part Read More
Swedish Volvo has opened a new Volvo Retail Experience showroom in Bangkok. The embassy of Sweden in Bangkok took part in the celebrating of the opening of the showroom. At …
Volvo has opened new showroom in Bangkok Read More
The Chinese car company Geely bought a stake in Saxo Bank to strengthen the company’s ability to provide on-demand cars. China’s Zhejiang Geely Holding Group acquired a 52% stake in …
Chinese car company buys part of Danish Saxo Bank Read More