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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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EU new-car market suffers worst performance in over two years

Baua Electric

18 September 2024 Read next Tesla and BYD do battle in July’s global EV market 17 September 2024 EU new-car registrations declined sharply in August, marking their biggest drop since April 2022. Recording 643,637 registrations , the EU new-car market shrank by 18.3% The big five markets had contrasting fortunes in this period.

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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies. Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province.

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Saab Automobile AB files for voluntary reorganization, Saab Automobile Parts AB And Overseas Subsidiaries Excluded

Green Car Congress

Swedish Automobile N.V. Swan) announced that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) filed for voluntary reorganization today with the District Court in Vänersborg, Sweden.

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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.).

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China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. BYD, the country’s dominant automaker in the world’s largest auto market, released its sales numbers yesterday. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering.

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NEVS secures battery supply for 9-3 EVs from CATL

Green Car Congress

Limited (CATL) to secure the battery supply for NEVS 9-3 EV in the Chinese market. NEVS was founded in 2012 and acquired the main assets of the Saab Automobile bankruptcy estates. NEVS’ head office and main research and development facilities are located in Trollhättan, Sweden. The company is owned by NME Holdings Ltd.,

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