National Electric Vehicle Sweden (NEVS), the Chinese-backed successor of SAAB, has been closing multi-billion contracts to sell electric vehicles over the last year, but it didn’t have much to show for until now.
The automaker announced today that its first electric car rolled off the production line at its new Tianjin factory yesterday.
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SAAB successor National Electric Vehicle Sweden (NEVS) and DiDi Chuxing, China’s Uber, have signed an agreement to collaborate on making electric cars for DiDi’s highly popular ride-sharing network.
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Contemporary Amperex Technology Co., Limited (CATL), a relatively new Chinese li-ion battery maker, is shaping up to become a major player in the industry in the coming years with plans for several important battery factories comparable in size to Tesla’s Gigafactory.
The company has now signed a supply contract with SAAB successor National Electric Vehicle Sweden (NEVS) in order for the electric vehicle maker to deliver on its orders for electric car fleets in China.
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National Electric Vehicle Sweden (Nevs), the China-backed firm that bought Saab’s assets out of bankruptcy in 2012, has signed a framework agreement to take a 50% stake in Chinese vehicle manufacturing company New Long Ma (NLM). The company has a factory with production capacity of 150,000 vehicles per year in the Fujian province.
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National Electric Vehicle Sweden (Nevs), the firm that bought Saab’s assets out of bankruptcy in 2012, is singing some ridiculously big deals to supply electric vehicles to China lately. Last month, we reported on the company closing a massive 78-billion-yuan ($12 billion) deal to supply 150,000 electric cars to Chinese leasing firm Panda New Energy and now we learn from Reuters (via Autoblog) that Nevs signed a framework deal worth about 8.5 billion crowns ($1 billion) with China Volant Industry Co. (Volinco) for 20,000 electric cars.
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National Electric Vehicle Sweden, also known as Nevs, bought Saab’s assets out of bankruptcy in 2012. Yesterday, the company announced a massive 78-billion-yuan ($12 billion) deal to supply 150,000 electric cars to Chinese leasing firm Panda New Energy.
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