On September 4, Nordic Investment Bank (NIB) and Volvo Car AB signed an 8-year EUR 150 million loan agreement to support research and development for Volvo’s next-generation electric vehicle platform, SPA3, and the new EX60 model. The investment will take place between 2024 and 2026.
The project supports Volvo Cars’

On September 4, Volvo Cars reported global sales of 48,029 cars in August, a 9% decrease compared to the same month last year.
Sales of BEV and PHEV models accounted for 43% of total deliveries but declined 17% year-over-year. Fully electric models represented 20% of sales, while plug-in hybrids made up 23%.
The XC60

On September 4, Dirac and PIEGA announced a joint initiative to co-develop the world’s most sophisticated in-car sound systems, debuting in a custom BMW iX demo vehicle at IAA Mobility 2025. It will use PIEGA’s transducer technology with Dirac’s AudioIQ and Dimensions. The result of this collaboration is a 45-channel

On September 4, Volvo Cars started production of its new, fully electric Volvo ES90 for European markets. Volvo Cars has opened the ES90 order book across several European markets, and customer deliveries will start later this year. The ES90 will also become available soon to some of Volvo Cars’ key markets in the As

On September 3, Volvo Cars announced that it will reveal the new Volvo EX60 on January 21, 2026, in Stockholm, Sweden.
The new EX60 is Volvo Cars’ first fully electric premium mid-size SUV, built on its latest technology platform. It will offer the longest electric range of any Volvo so far and introduce a new user e

On September 1, Scania announced that it is reorganising to meet current conditions and future needs. A redundancy notice covering 750 positions has been issued in Sweden.
The changes mainly affect HR, People and Culture (about 400 roles) and commercial units, including Sales, Marketing, and Commercial Operations (ab

On August 29, ECARX announced that its Antora 1000 Pro computing platform and Cloudpeak cross-domain software stack will power the cockpit of the Volvo XC70 hybrid mid-size luxury SUV. The XC70 is the first model to feature Volvo's SMA super hybrid architecture.
ECARX and Volvo worked closely throughout the developme

On August 27, Solaris signed a new contract with Nobina Sverige AB, Scandinavia’s largest public transport operator, to deliver 180 zero-emission Solaris Urbino electric buses to Malmö.
The company will deliver 180 Solaris Urbino electric buses in four sizes (12, 15, 18, and 24 meters) to Malmö, serving both city an

On August 19, Terranet announced that it has received a Swedish patent for a method for analyzing movements using data from event cameras. It marks an important step in the development of BlincVision, Terranet's anti-collision system with a focus on urban traffic environments. The patent is valid in Sweden, and paten

On August 21, Telenor IoT announced that it will present IoT Drive—a purpose-built solution for the automotive sector at IAA Mobility 2025. IoT Drive is enabled by the premium Managed Connectivity service, and enhanced by Consumer Connect, a layer that addresses the complexities of in-vehicle connectivity from both a

On August 15, the Norwegian Automobile Importers' Association and Mobility Sweden announced a partnership for sustainable battery recycling in line with new EU requirements. Through their subsidiaries Autoretur Battery Recycling and FoRetur, they will build an efficient, coordinated return system for car batteries. A

On August 15, Gapwaves announced that it is initiating a collaboration with Infineon Technologies for the initial development of Gapwaves Multi-Layer Waveguide (MLW) antennas. The order value amounts to SEK 600 thousand, and the antennas are expected to be delivered during Q3 of 2-25. 
The antenna will be based on Ga

In its Q2/2025 report, Kongsberg Automotive (KA) announced that it has decided to close the Zurich office in Switzerland, with activities being scaled down and transitioned primarily to its Kongsberg location in Norway by March 31, 2026.
The company’s Ljungsarp plant, which mainly produces steering columns, will be

On August 12, Kongsberg Automotive (KA) announced that it has, through its subsidiary Kongsberg Automotive AS, decided to exercise its call option to acquire the remaining 75% of the shares in Chassis Autonomy SBA AB (CA). Following the transaction, KA will hold 100 % of the shares in CA, and the transaction is plann

On August 7, 2025, Lyten, Inc. announced that it had reached a binding agreement to acquire Northvolt’s remaining assets in Sweden and Germany. Among the assets acquired include the Northvolt Ett facility and its expansion in Skellefteå, Sweden; the Northvolt Labs facility in Västerås, Sweden; and the Northvolt Drei

Gapwaves AB has officially begun series production of its waveguide antennas for Valeo Group (Valeo) at its plant in Gothenburg, Sweden, with the first delivery completed on July 1, 2025.
After the initial phase, the production will be transferred to Gapwaves' production partner, Frencken Group, in China for full-sca

On August 1, PHINIA Inc. completed the acquisition of Swedish Electromagnet Invest AB (SEM), a provider of advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators and linear position sensors for on- and off-highway commercial vehicle and industrial markets. This acquisition suppor

On July 29, Isuzu Motor announced that Isuzu and Volvo Group have signed new strategic agreement that will support the joint development by Isuzu and UD Trucks of a common platform for medium heavy-duty truck models for the Japanese- and other Asian markets, utilizing Volvo Group technology.
This new agreement includ

On July 28, leading global lithium-sulfur battery manufacturer Lyten announced it has secured more than USD 200 million in additional equity investment, bringing total investment to date in Lyten to more than USD 625 million, as it works to accelerate its acquisition strategy and expansion plans in both the U.S. and

On July 24, Johnson Matthey (JM) announced that it will open its first hydrogen internal combustion engine (H2ICE) testing facility at its current Gothenburg site.  The test area is set to be operational in autumn 2025.  It will test the performance of catalysts within the wider engine aftertreatment and control syst