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 is part of the Fujian Motors Group, owned by the Fujian provincial government. Ltd, Nevs AB and Nevs’ part-owner State Research Information Technology, SRIT.
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