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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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Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ; option to buy back in future

Green Car Congress

The Board of Directors of Renault Group unanimously approved the signing of agreements to sell 100% of Renault Group’s shares in Renault Russia to Moscow City entity and its 67.69% interest in AVTOVAZ to NAMI (the Central Research and Development Automobile and Engine Institute).

Russia 284
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Daimler buys out Evonik from Li-Tec and Deutsche ACCUmotive Li-ion companies; Daimler sole owner

Green Car Congress

Deutsche ACCUmotive, established in April 2009 as a joint venture, made Daimler one of the few automobile manufacturers to develop batteries for automotive applications and also to produce them in Germany starting in 2012. Deutsche ACCUmotive had approximately 230 employees as of 31 December 2013.

Li-ion 319
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Deloitte suggests Gen Y’s embrace of hybrid vehicles may be auto market’s tipping point

Green Car Congress

Gen Y’s strong affinity for hybrid vehicles could make it the “ generation that leads us away from traditional gasoline-powered vehicles ,” reports Craig Giffi, vice chairman and automotive practice leader at Deloitte LLP, after seeing the results of Deloitte’s annual survey of consumers and what they want in an automobile.

Hybrid 277
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Moscow aiming for all-electric bus fleet by 2032

Green Car Congress

Starting this year we are going to buy the e-buses only—we seek to make our city as clean and harmless for its citizens as we can. —Denis Endachev, CEO for information and intelligent systems in FSUE NAMI (Central Scientific Research Automobile and Automotive Engines Institute), PhD in Technical Sciences.

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Stellantis says new strategy will eliminate buying emission credits from Tesla

Teslarati

Stellantis does not want to buy regulatory emissions credits from Tesla any longer, and a new mentality that was recently adopted by the automaker will force the company to put its money and its EV plans where its mouth is. We don’t buy credits, we’re not buying credits, we’re not going to do that,” Kuniskis said.

Buy 145
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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.).

Companies 265