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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

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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 manufacturing and supply chain that will produce the ES8 is already in place, the company said. The manufacturing and supply chain that will produce the ES8 is already in place, the company said.

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