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National Electric Vehicle Sweden AB acquires assets of Saab Automobile to create new EV company; first model based on 9-3 due year-end 2013/2014

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.

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China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. Tallying up its year-end sales, it’s a massive 62% growth from 2022. million vehicles.

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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies. Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province.

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Polestar to Utilize Former Saab Plant as European R&D Facility

The Truth About Cars

Polestar is reportedly taking over Saab's defunct plant in Sweden to expand upon its European research and development operations. The site was last used by National Electric Vehicle Sweden (NEVS) after Saab folded in 2011. While the Polestar 3 and 4 haven’t yet gone on sale, they’ll also be sharing space.

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China and Norway Lead the World’s EV Switchover

Cars That Think

government recently backed down from enacting tough new measures that would have forced automakers to quadruple their sales of electric vehicles by 2030. Norway, more ambitiously still, aims to eliminate sales of new ICE vehicles by 2025. Even if Washington hadn’t buckled to outside pressure, the U.S. degrees C (2.7 degrees F).”

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$12B EV deal: NEVS to provide Panda with 150K 9-3 EVs through 2020, 100K other EV products and services

Green Car Congress

National Electric Vehicle Sweden ( NEVS ) and the Chinese company Panda New Energy Co., NEVS acquired the main assets of the former Saab Automobile in 2012. In early 2015 the last Saab 9-3 of model year 2014 was sold out in Sweden. NEVS says it is now focusing on developing new cars.

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BaaS: Improving the EV Experience through Battery Swapping

Get Electric Vehicle

Electric vehicles (EVs) have lower operating costs than conventional automobiles, but their initial cost is greater than their ICE cousins.  This also allows the buyer to replace the battery in the same automobile shell with a new battery. The cost of an electric car’s battery is around 30 to 40% of the total vehicle cost.