Duan Jianjun Appointed President of Volvo Cars Greater China

[Personnel Appointment] Duan Jianjun has succeeded Yuan Xiaolin as President and CEO of Volvo Cars Greater China, effective immediately.

Core Development: Duan Jianjun to Lead the Entire Value Chain from R&D to Sales

Duan Jianjun brings over 30 years of experience in the luxury automotive industry and previously served as President of Mercedes-Benz China. His return to Volvo, where he once worked, has been described by industry insiders as "coming home." He will assume full responsibility for end-to-end operations in Greater China and join the company's global executive leadership team.

Key Metrics: Business Grew More Than Two-Fold Under Yuan Xiaolin

Yuan Xiaolin joined Volvo in 2010, spearheaded the Geely acquisition integration, and took full charge of Asia-Pacific and Greater China operations starting in 2017, driving regional business growth of more than two-fold and laying the groundwork for electrification transformation and localized product development.

Strategic Foundation: Addressing Transformation Challenges Facing Traditional Luxury Brands

Amid accelerating leadership changes among BBA brands and intensifying competition in the EV space, Volvo is leveraging the expertise of local executives to strengthen its strategic resolve in the Chinese market and directly confront brand repositioning and electrification breakthroughs in this new cycle.