On May 11, Volvo Cars unveiled a shake-up in its Greater China management team, with Duan Jianjun slated to assume the role of President and CEO of Volvo Cars Greater China. He will become a member of the group's global core and sales management team, overseeing all business operations in the Greater China region. Meanwhile, Yuan Xiaolin will stay on to facilitate a smooth transition. Since joining Volvo in 2010, Yuan Xiaolin has served in a variety of pivotal roles. Duan Jianjun, on the other hand, boasts over three decades of experience in the automotive sector and has forged deep connections with Volvo. In 2025, Volvo witnessed a downturn in sales both globally and in the Greater China market, a trend that persisted into the first quarter of 2026. Nevertheless, its electrification initiatives in China have yielded impressive outcomes, with a notable surge in new energy vehicle sales in Greater China in 2025 and in electrified vehicle sales during the first quarter of 2026.