Volvo Cars, Polestar, Scania and the electric shift: the Swedish car and vehicle industry, and driving in Sweden.
Volvo Cars will exercise its right of redemption to oust crisis-stricken Northvolt from the jointly owned multi-billion project Novo Energy, according to the car manufacturer. This is because Northvolt has breached the shareholders' agreement.
CarsBeijing "does not accept" the tariffs that the EU will impose on imports of electric vehicles from China as of Thursday.
CarsThe car manufacturer Volvo Cars does not intend to participate in the financing that could save the crisis-stricken battery manufacturer Northvolt from bankruptcy, reports the news agency Bloomberg. Absolutely not, says Volvo Cars' CEO Jim Rowan.
CarsThe electric car market is facing headwinds and Volvo Cars is lowering its sales forecast for the second time this year. But the electric car is still the future, believes CFO Johan Ekdahl. Over time, there is no doubt that electric cars will drive growth in the car industry, he says in connection with the company's quarterly report.
CarsThe truck manufacturer Scania's owner Traton exceeds market expectations for operating result and cash flow, reports Dagens industri.
CarsSome fear a trade war with China when the EU introduces permanent tariffs on Chinese electric cars. How great an impact it will have on the European car market is difficult to say at present, says an analyst. The number of Chinese electric cars to Europe is generally not enormous, says Hampus Engellau at Handelsbanken.
CarsThe requirement for EU trucks to return to their home country every eighth week must be abolished, according to a ruling by the EU Court of Justice. Outrageous, fumes Swedish EU parliamentarian Johan Danielsson (S).
CarsEU countries say yes to permanent tariffs on electric cars from China. Sweden abstained and hopes for a special solution for Volvo.
CarsThe crisis among car giants risks hitting Swedish subcontractors. The industry organization FKG warns of a bleak 2025.
CarsDespite a slow car sales - Mobility Sweden revises up the registration forecast for 2024. At the same time, the new registration of electric cars is plummeting. It's hard for electric cars to compete, says Communications Manager Emmi Antonsson to TT.
CarsThe Stockholm Stock Exchange started the week with falling prices. Among the losers, Volvo Cars stood out, which retreated after new profit warnings from the industry.
CarsIt may take several years to turn the downward spiral for Europe's electric car industry, warns German industry guru Ferdinand Dudenhöffer. The road to success goes via China, according to the professor.
CarsEase up on the emission targets and let's build gasoline cars even after 2035! The demands are getting louder from both governments and companies in the EU. But Sweden says no.
CarsThe number of car owners who lease their vehicles is increasing in the USA, particularly for electric cars. A loophole in the subsidy rules contributes to the fact that the proportion of new electric cars being leased is now up to a third – and that a new car in extreme cases can cost just a few hundred kronor per month.
CarsDeclining sales, halted investments, scrapped targets, lowered forecasts, and cutbacks. The electric car industry in Europe is facing headwinds. Unprofitable investments may now be eliminated, experts warn.
CarsGermany's Minister of Economy Robert Habeck says that support measures for the German car industry may become relevant, in connection with a visit to an electric car factory in northwestern Germany. The statement is made ahead of a meeting with the top executives of the German car manufacturers on Monday.
CarsBattery-powered electric cars are booming in new car sales in the EU, fresh figures show. The industry organization ACEA is sounding the alarm and demanding that the EU scraps tightened emission regulations and reconsiders the phase-out of fossil-fuelled cars.
CarsThe EU is expected to adjust downwards in the near future the customs duties that are to be imposed on electric cars manufactured in China from November, reports the news agency Bloomberg, citing anonymous sources.
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Something has exploded outside the entrance to an apartment building in Rosengård, Malmö, police say.
CrimePolice are investigating a suspected murder in Ludvika municipality. A woman is dead, and a man has been arrested.
CrimeA ten-year-old boy has been injured in an accident at a motocross track outside Kalmar. He has been admitted to the intensive care unit, Barometern reports.
SwedenThe Left Party will not back down from its demand to join a red-green government, the party’s vice chairwoman, Ida Gabrielsson, says on X.
Swedish politicsAfter decades of deforestation, drought and fires, the Amazon rainforest is now emitting more carbon dioxide than it absorbs, a new study shows.
SwedenThe scent of grazing crustaceans can be used in a warning system for toxic algal blooms. The method could provide up to seven weeks’ advance warning of outbreaks.
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Democrat Haley Stevens lost the Democratic primary for the Michigan Senate seat to Abdul El-Sayed. She is now endorsing the state’s Republican candidate, Mike Rogers.
World politicsPresident Ilijana Jotova looks set to win Bulgaria’s election. According to two exit polls, she is expected to receive between 51 and 53 percent of the vote.
ConflictsThe rival political sides in Israel must accept the election results and do what they can to avoid a snap election, President Isaac Herzog says.
World politicsThe flare-up in fighting between Saudi Arabia and the Iran-backed Houthi movement has forced more than 300,000 people to flee their homes in Yemen, according to the UN.
ConflictsBritish police have arrested 325 people in connection with a demonstration on Saturday in support of the pro-Palestinian group Palestine Action.
ConflictsFrench prosecutors have decided to open an attempted murder investigation after a Molotov cocktail was thrown at gendarmes during clashes at a large demonstration in Paris.
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The stock market has turned downwards after several AI-linked companies failed to meet expectations. Tech giants have invested trillions in a short time, and investors now want to know whether it is worth it. “The big cloud of concern is the enormous investments American companies are currently making in data centers and AI,” says Maria Landeborn, a savings economist at Danske Bank.
TechnologyHandelsbanken's currency forecast suggests the euro and US dollar could weaken against the Swedish krona by summer 2027, potentially making holidays abroad somewhat cheaper for people spending kronor. The forecast is conditional, not a promise.
BusinessThe number of bankruptcies fell by 15 percent in October compared with the same month last year, according to statistics from credit reporting company Syna.
BusinessThe decision will be made on Tuesday. Donald Trump could then lose the midterm elections. A setback for the Republican president could lead to new threats of tariffs, analysts say. But it’s not certain that a Democratic victory in Congress would calm things down, says SEB chief economist Jens Magnusson.
BusinessThe European Commission, the Council president, the European Parliament and scores of member states are pushing for new EU revenue to secure agreement on a new long-term budget. Sweden is firmly resisting - but for how long?
BusinessBinance announces that withdrawals from the crypto exchange will gradually resume on Sunday. At the same time, the FBI says North Korean hackers are behind the multi-billion-dollar heist targeting the crypto platform.
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Victory in the New York Marathon brings nearly one million kronor in prize money. But the big money is likely still to come for Andreas Almgren after his success. “All doors will open,” says his manager, Daniel Wessfeldt.
SportsReigning champions Arsenal beat Liverpool 1-0 away in the Premier League. Afterwards, Liverpool coach Andoni Iraola said that striker Alexander Isak needs to start going to ground.
FootballAndreas Almgren has won the New York Marathon on his marathon debut. “It’s actually impossible,” running icon Anders Gärderud tells Radiosporten.
SportsBoth police officers and spectators were injured when unrest broke out in the stands during the Allsvenskan derby between Häcken and IFK Göteborg. A total of 15 people have been arrested.
FootballVäxjö are 12th in the SHL standings after 14 games. The Småland club is now taking action: coach Björn Hellkvist has been fired.
Ice hockeyAndreas Almgren wins the New York City Marathon. The Swede crushed the opposition to win the major race on his marathon debut in a time of 2:06:01. The victory also qualifies him for the marathon at the 2028 Los Angeles Olympics.
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Radio personality David Druid is taking a break from hosting “Morgonpasset i P3” after video clips of him were shared on social media.
EntertainmentAmerican film director Michael Mann has accidentally shot himself in the leg, according to TMZ.
TV & filmThe year's best book for nine- to twelve-year-olds has been chosen. “Smoke” by Linda Johansson has won the Children's Radio Book Prize.
EntertainmentHeidi Klum is known for her spectacular Halloween costumes, and this year was no exception. The supermodel was unrecognizable at her annual party, where she appeared as a giant severed hand.
EntertainmentThere has been quite a storm surrounding “Married at First Sight XL”. This week, two of the show’s experts announced that they would not return for the next season. Now the couple Max Turpeinen and Belinda Hillman are being asked to leave the SVT production mid-season.
TV & filmAfter two weeks of duels, “Idol” has now started its “real” Saturday finals.
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Sweden's All Saints' Day (Alla helgons dag) is a public holiday and falls on Saturday, October 31, the same day as Halloween. The Church of Sweden observes All Souls' Day (Alla själars dag) the following day, Sunday, November 1.
Living in SwedenIn Sweden, All Saints' Day is a time to remember those who are no longer with us and place a candle at their graves.
Living in SwedenSweden has been named the country with the world's strongest passport in the Global Passport Report 2026
SwedenThere are a few things that Swedes don't really want to compromise on when it comes to their Midsummer table. Pickled herring, new potatoes, sour cream, chives, and of course strawberries.
SwedenSwedish Pick and mix candy has gone from being an integral part of Saturday treats to becoming an international sensation. On TikTok, feeds are filled with colorful bags, foam skulls, sour bottles, and Americans discovering that candy doesn't have to taste like it was designed in a laboratory with neon lights.
Living in SwedenSweden is entering the 2026 World Cup with a strong offense that will likely keep many defenders up at night. Alexander Isak and Viktor Gyökeres are the big stars in the squad, Victor Nilsson Lindelöf is the team captain with extensive experience, and Graham Potter has assembled a team with maximum Premier League weight.
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