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SAAB successor NEVS receives China’s approval for new electric car factory with capacity of 200,000 units per year

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National Electric Vehicle Sweden (NEVS), the China-backed firm that bought SAAB’s assets out of bankruptcy in 2012, has been trying to position itself has a major player in the electric vehicle industry.

The company is one step closer now that it received today an electric vehicle production license for its 200,000 units per year car factory in Tianjin, China. Expand
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