Geely Q1 Sales Reach 938K Units as NEV Penetration Exceeds 50%
Geely Group sold 938,000 vehicles in Q1 2026, despite a slight decline; new energy vehicles surged to 491,000, showcasing market resilience.
Volvo
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Volvo to Raise Polestar Stake to 19.9% via Debt-to-Equity Conversion
On March 31, Polestar announced that Volvo Cars has agreed to convert approximately $274 million in outstanding shareholder loans into…
Geely Taps Volvo to Lead Lynk & Co Expansion in Europe
No equity changes involved in this MoU—Lynk & Co remains under Geely control, while Volvo focuses on commercial execution to accelerate expansion.
Geely Expands in Five European Markets With E5, Starray EM-i
Geely E5 and Starray EM-i now span nearly 20 mainstream European countries, backed by localized supply and service networks.
Europe Car Registrations Fall 3.5% in Jan, BYD Surges 165%, Tesla Drops 17%
Chinese brands sold a combined 70,465 vehicles in Europe in January, up 80% YoY, lifting market share from 4% in January 2025 to 7.4%.
Volvo Recalls 40,323 EX30s Globally Over Battery Fire Risk
The recall covers both the single-motor Long Range and dual-motor Performance variants of the EX30, spanning over ten countries including the U.S., UK, Australia, and Brazil.
Volvo Reports 177,830 Global Sales in Three Months to End of Jan, Down 7%
In the reported three-month period, Volvo’s EV models together accounted for 49% of total deliveries, with BEVs representing 24% and PHEVs 25%.
Geely, Volvo-Backed Polestar Secures $400 Million Equity Financing
The transaction does not require regulatory approval and is expected to close by February 5, 2026.
BYD Seal U Overtakes VW Tiguan, Volvo XC60 to Become Europe’s Best-Selling PHEV in 2025
The cumulative European sales of the Seal U PHEV reached 72,667 units in 2025.
Sunwoda Chairman: Battery Pack in Volvo EX30 Recall Not Supplied by Us
This clarification shifts core responsibility to the vehicle manufacturer’s system integration, not cell manufacturing.
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