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Polestar Faces $739 Million Write-Down Amid US Tariffs and Weak Demand
1 MIN READ
The electric car manufacturer Polestar – with Volvo Cars as one of the major owners – is making a write-down of almost seven billion kronor for the model Polestar 3, citing increased US tariffs and weak demand for electric cars.
Business News
Zeekr Technology Europe to Cut 280 Jobs in Gothenburg
1 MIN READ
The electric car company Zeekr Technology Europe is making large staff cuts in Gothenburg, reports Ekot.
Business News
Geely to Acquire Full Ownership of Zeekr in $6.4 Billion Deal
1 MIN READ
Business News
Polestar Reports 76% Increase in First Quarter Sales
1 MIN READ
Business News
Geely's Profit Soars in 2024 with Strategic Shift and Sales Boost
1 MIN READ
Business News
Volvo Cars: Not Worried About New US Rules
1 MIN READ
Business News
Biden's final move - a knockout blow for Volvo Cars?
2 MIN READ
One of Joe Biden's final moves as president can hit hard on Volvo Cars. The major bank SEB does not rule out a total sales ban for the Swedish car manufacturer on the important US market
Business News
New - smaller model - to boost Polestar
1 MIN READ
The electric car manufacturer Polestar is launching a new smaller electric SUV called Polestar 7, the company announces.
Business News
Fear of China's Response: "Bad for Sweden"
3 MIN READ
The EU Commission's announcement to impose tariffs on Chinese electric cars has prompted China to threaten with its own tariffs on European export goods. The development worries Foreign Trade Minister Benjamin Dousa (M)
Business News
Top News
EU Says Yes to Car Tariffs - Sweden Wants Exemption
3 MIN READ
EU countries say yes to permanent tariffs on electric cars from China. Sweden abstained and hopes for a special solution for Volvo
Business News
Top News
German Expert: Electric Car Success Goes via China
3 MIN READ
It 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
Business News
New tariffs on electric cars from China may be reduced
2 MIN READ
The 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.
Business News
New record for Chinese electric car giant
1 MIN READ
Business News
So high are the tariffs against Chinese electric cars
The EU is now punishing Chinese electric car manufacturers with punitive tariffs. Among those affected to the greatest extent are giants BYD and Geely, the owner of Volvo
Business News
Top News
EU threatens China with electric car tariffs in July
The EU is threatening China with tariffs of up to 38 per cent on the import of electric cars. Everything comes into force in July – if China does not act
Business News
Volvo moves production from China to Belgium
Volvo Cars has started moving parts of its Chinese electric car production to Gent in Belgium, reports The Times. This is happening at the same time as the EU is investigating new import tariffs on electric cars from China
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Sweden Herald
Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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