Volvo Cars has received approval from its shareholders to sell its 30 per cent stake in Lynk & Co to Zeekr. At the same time, Lynk & Co has gained Volvo as a ...

BYD’S shares recorded their best week since late 2020, as investor enthusiasm built ahead of the Chinese electric-vehicle maker’s keenly awaited update on its smart-driving technology. Read more at ...

Tax exemptions and cost savings draw more to EVs, but affordability is restricted by high floor price. Read more at ...

Global electric car sales Dec. 2024 up 23% YoY to 30% share. China sales up 46% to 53% share. Europe up 4% to 28% share. USA ...

Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...

The auto industry is entering 2025 facing continued challenges from weaker demand for electric vehicles and increasing competition from lower-cost Chinese EV makers. Rowan said on a call Thursday that ...

We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...

Volvo Cars, a subsidiary of Zhejiang Geely, announced its results for 4Q24. The quarterly net profit sank 19.5% YoY to SEK2.503 billion. Basic EPS was SEK0.84. The operating profit... Volvo Cars, a ...

J.P. Morgan analyst Nick Lai maintained a Buy rating on Geely Automobile Holdings (GELYF – Research Report) yesterday and set a price target of ...

Swedish brand Volvo, owned by Chinese conglomerate Geely, saw its sales rise nearly 30% in the EU last year, driven by the ...

Georgia’s trade and investment ties with Sweden sustain 11,775 jobs, according to a recent report by the Scandinavian ...

China’s electric vehicle makers enjoyed a busy January as the extension of trade-in subsidies helped underpin sales during ...