Nordic News, Business and Life in Asia
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