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Nevs signs framework agreement for 50% stake in transport vehicle manufacturing company in China; electric minivan to portfolio

Green Car Congress

FEBRUARY 17, 2016

National Electric Vehicle Sweden (Nevs) has signed a framework agreement on taking a 50% stake in Chinese transport vehicle manufacturing company New Long Ma ( NLM ). NLM’s product portfolio includes an electric commercial distribution minivan which is a part of the agreement. —Kai Johan Jiang, Chairman of Nevs.

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