While a growing segment of the population eagerly awaits the arrival of the affordable, long-range electric car, there exists a parallel universe. A restive, grassroots movement of do-it-yourselfers who grew tired of waiting for the establishment to provide them with sustainable alternatives. Decades ago. Those who have seen the documentary Who Killed the Electric Car? understand that not all the reasons for this delay were natural or even market-driven.
Saab Stories May 12, 2017
Saab Stories February 18, 2016
Nevs (Saab) is acquiring electric vehicle production capacity in China
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.
Saab Stories January 15, 2016
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. expand full story