Latest news and articles about Volvo from NEX English
Volvo has received approval from the US government to bypass the ban on connected cars from China, which is set to take effect from the 2027 model year. This decision follows the ban initially imposed during the Biden administration and reaffirmed by Trump.
Li Shufu, the owner of Volvo, has revealed new plans aimed at enhancing collaboration with the Chinese parent company by producing Chinese brand models in Volvo's factories. This move comes amid significant challenges in the automotive industry due to overproduction.
Volvo has signed a memorandum of understanding with Geely Auto to become the exclusive distributor of the Lynk & Co brand in the European market. This partnership aims to accelerate brand development and increase sales in the growing electric vehicle sector.