Volvo Cars introduces Volvo ES90 in South Africa On March 11, Volvo Cars South Africa introduced the fully electric flagship E segment sedan Volvo ES90 to the local market.  The Volvo ES90 is built on SPA2 platform and features an advanced 800-volt electrical system that enables faster charging and improved efficiency. It is powered by a 92-kWh battery, offering a claimed driving range of up to 755 km (WLTP). The vehicle measures 5,000 mm in len...

News  Updated at: 2026/03/12

ble a fully centralized Software-Defined Audio (SDA) architecture for Volvo Cars' upcoming EX60 fully electric SUV, supporting Volvo Cars' progress in its Superset tech stack strategy that unifies hardware and software into a scalable, future-ready platform. The EX60 will debut with Volvo Cars' new SPA3 infotainment platform, featuring branded sound system options from multiple prominent audio providers. Rather than relying on dedicated digital s...

News  Updated at: 2026/02/04

“very attractive for U.S. customers” and hinted it could be “maybe a bigger one. Let’s see.”The hybrid is expected to feature an extended-range powertrain with up to about 100 miles of electric-only range and EV-like performance. Platform details remain undecided and could involve Volvo’s SPA2 architecture or technology shared with parent company Geely, whose Zeekr brand already offers the 9X full-size three-row SUV. The idea of a lar...

News  Updated at: 2026/01/31

Volvo Cars unveils all-new EX60 mid-size EV with up to 810 km range On January 21, Volvo Cars unveiled the all-new EX60, an electric mid-size SUV. The all-new EX60 is built on Volvo Cars’ SPA3 electric architecture and powered by the HuginCore system. The vehicle measures 4,803 mm in length, 1,899 mm in width, 1,635 mm in height, with a wheelbase of 2,970 mm. The all-new EX60 is offered with three powertrain options:the P12 AWD Electric with a ...

News  Updated at: 2026/01/22

Volvo Cars reveals teaser images of all-new EX60 On January 8, Volvo Cars unveiled teaser images of the all-new EX60, highlighting its best-in-class driving range in an all-wheel-drive configuration. The EX60 is built on new SPA3 electric architecture, which improves efficiency across key systems. It offers the longest range of any electric Volvo ever produced, offering up to up to 810 kilometres on a single charge. Using a 400-kW fast charger, t...

News  Updated at: 2026/01/08

launch timing, variant lineup, or pricing, it confirmed a 2% early-bird incentive for the first 100 bookings made between now and March 31, 2026. The ES90 will be introduced in Malaysia as a locally assembled (CKD) model from the outset. It is underpinned by Volvo’s Scalable Product Architecture (SPA2) and features an 800-volt electrical system. By comparison, Thailand began offering the ES90 in 2025 in a sole Ultra Single Motor variant, with v...

News  Updated at: 2026/01/06

Digital cockpit specialist ART SpA, Italy, joins eSync Alliance for OTA development On December 3, the eSync Alliance announced that digital cockpit specialist ART SpA joined it as a new member. It will enable ART SpA to contribute to the development of eSync-compliant capabilities for digital cockpit solutions. ART aims to ensure that various systems, dashboards, and platforms, such as e-Cockpit systems or telematics control units from multiple ...

News  Updated at: 2025/12/04

Naza Group ends Maserati operations in Malaysia, prioritizes core brands and new growth areas Reported on December 2, 2025, Naza Italia has announced that it will end its role as Maserati’s importer and distributor in Malaysia, having formally notified Maserati SpA in line with the 180-day requirement under their 2009 agreement. The company said the move aligns with Naza Auto’s strategy to refocus on core brands and new growth areas, position...

News  Updated at: 2025/12/04

Thai market, marking its first regional launch. The model is imported from Volvo’s facility in Chengdu, China, and arrives in a single Ultra RWD variant priced at THB 2.99 million. Volvo characterizes the ES90 as a fusion of the refined elegance of a sedan, the adaptability of a fastback, and the spacious interior and higher ground clearance associated with SUVs. Built on the updated SPA2 platform, the ES90 features Volvo’s new “Superset”...

News  Updated at: 2025/10/24

SNS Holding, Algeria, signs agreement with FAW Trucks On September 9, National Steel Company – SNS Holding, in a social media post, announced that it had signed several contracts at the IATF 2025 Trade Fair. It has signed an agreement with ALGERIA FAW TRUCKS INDUSTRIES (China) for the supply of spare parts (front and rear bumpers, front and rear lights, and electrical packages) to ANABIB Spa. It also signed an agreement with Mansour EMGS Algeri...

News  Updated at: 2025/09/11

NIB and Volvo Cars signs EUR 150 million loan to fund next-gen EV platform 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’ transition to an all-electric lineup. The SPA3 platfo...

News  Updated at: 2025/09/08

Uzavtosanoat and Sila Holding, Italy discuss production of components in Uzbekistan On August 13, Uzavtosanoat JSC held a meeting with Sila Holding Industriale SpA, one of the world's leading manufacturers of gearbox selectors and flexible automotive cable products. Sila is considering Uzbekistan as a promising location for high-tech production and the expansion of cooperation with local enterprises. During the negotiations, the parties discussed...

News  Updated at: 2025/08/18

NWTN, UAE acquires usage rights of JW Corporation's CKD plant in Pakistan On August 11, NWTN Inc. executed an Asset Contribution and Share Issuance Agreement (SPA) with Pakistan's industrial group JW Corporation. It grants NWTN exclusive usage rights to JW Corporation's complete knock-down (CKD) automotive assembly facility in Lahore's China-Pakistan Special Economic Zone (JW-SEZ) and access to JW Corporation's nationwide network of over 400 sale...

News  Updated at: 2025/08/11

illion ($4.4 billion) all cash voluntary tender offer to acquire IVECO’s Commercial Vehicle business (excluding its defence division), on July 30, 2025. The transaction is contingent on the sale of IVECO’s defence arm, Iveco Defence Vehicles (IDV), which is being divested separately to Leonardo SpA for €1.7 billion ($2.0 billion). Completion is expected by early 2026. The planned arrangement aims to preserve IVECO’s autonomy: its headqu...

News  Updated at: 2025/08/08

COSIDER Group and FAW partner on parts manufacturing in Algeria On July 27, the Ministry of Industry, Algeria SPA ALGERIA FAW TRUCKS INDUSTRIES, and COSIDER ALREM, a subsidiary of COSIDER Group, signed a partnership agreement to launch a project to produce spare parts for FAW vehicles and trucks. It will support local production, transferring technology, and creating value-added jobs, in addition to reducing dependence on imports. It represents a...

News  Updated at: 2025/07/28

Haoxin, China to acquire controlling interest in Officine Vica, Italy On June 20, Officine Vica SPA entered into an investment agreement with Haoxin Group under which Haoxin will acquire a controlling interest in Officine Vica SPA through the subscription of a capital increase. This strategic partnership is expected to enhance the company's capabilities and support new opportunities for sustainable growth and product innovation. Officine Vica SPA...

News  Updated at: 2025/06/23

ng in 2025. Volvo Cars is the first car maker to sign a supply agreement with SSAB for recycled, near-zero-emission steel for serial production deliveries. The recycled steel will be used in selected components of the forthcoming electric EX60 SUV, as well as other cars based on the next-generation SPA3 car architecture. This recycled steel meets the same safety-related requirements as primary steel in terms of strength and durability. Compared w...

News  Updated at: 2025/06/12

was the company’s bestselling model in 2024 at 230,900 vehicles, according to company figures. The plant in Ridgeville currently builds the electric EX90 and Polestar 3 SUVs, but Samuelsson previously said he wants to add more hybrid models to fill unused capacity.  Volvo ended production of the SPA-based S60 midsize sedan in Ridgeville in 2024, but it still has some of the tooling to make cars using that platform, which also underpins the XC6...

News  Updated at: 2025/06/05

ance Technologies Limited announced that it has remitted the full purchase consideration of approximately. INR 75 million for the acquisition of the remaining 38.50% equity stake in Maxwell Energy Systems Private Limited (Maxwell). This payment was made by the terms of the share purchase agreement (SPA) executed with the minority shareholders. With this transaction, Maxwell has become a wholly owned subsidiary of the company. This acquisition fol...

News  Updated at: 2025/05/19

mate charm of technology, the Lynk & Co 900 features a technological transverse interactive display and electric borderless doors, while offering five body color schemes and three interior options. It measures 5,240mm long, 1,999mm wide, and 1,800mm or 1,810mm high, with a wheelbase of 3,160mm. The SPA Evo (Scalable Product Architecture Evolution)-based Lynk & Co 900 has an intelligent electric 4WD layout. The 1.5T variants are equipped with a 14...

News  Updated at: 2025/05/09