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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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Saab Automobile AB files for voluntary reorganization, Saab Automobile Parts AB And Overseas Subsidiaries Excluded

Green Car Congress

Swedish Automobile N.V. Swan) announced that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) filed for voluntary reorganization today with the District Court in Vänersborg, Sweden.

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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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NEVS finalizes acquisition of main assets of Saab; new company solely focused on EVs

Green Car Congress

National Electric Vehicle Sweden AB (NEVS), an international consortium formed by Swedish and Chinese stakeholders, finalized its acquisition of the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB, effective 31 August 2012. Earlier post.).

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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. The company will reportedly be renting the facility from the city of Trollhattan.

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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. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering. Chinese automakers expect to have sold some 9.4 In 2023, the company sold 1.6 million vehicles. BYD tripled its profits to $1.5

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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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