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NIO unveils production electric SUV for China market; NIO ES8 to launch end of this year

Green Car Congress

The ES8 has an all-aluminum body and chassis, front and rear motors with electric all-wheel drive, and active air suspension. The ES8 features the “design identity” of every NIO vehicle: the X-bar and signature “Spark Beat” tail lights. The NIO EP9 is priced at US$1.48 NIO intends to equip the ES8 with a swappable battery pack.

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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

Green Car Congress

and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). The remaining €30 million will be in the form of a convertible loan agreement in the amount of €30 million with a 6-month maturity, an interest rate of 7% per annum and a conversion price of €4.88