National Electric Vehicle Sweden


National Electric Vehicle Sweden AB, abbreviated to NEVS, is a Swedish electric car manufacturer which has acquired the assets of Saab from a bankruptcy estate in 2012.
NEVS is the trademark of the company’s products including the first electric vehicle based on the 9-3 platform which was to start in 2017.

History

On 31 August 2012, NEVS acquired the main assets of the Saab Automobile bankruptcy estates. In December 2015 the company signed a strategic collaboration agreement with the Chinese company Panda New Energy Co, an energy vehicle leasing company that focuses on limiting emissions. According to the agreement, NEVS will provide Panda with 150,000 9-3 sedan electric vehicles until the end of 2020. NEVS signed a battery contract with Contemporary Amperex Technology in 2017. In 2017, DiDi, a Chinese transportation network company, announced a 4 billion SEK investment in NEVS.

Owners and management

in China acquired 51% of the shares in NEVS in January 2019. Evergrande has since then increased to 68% of the shares. National Energy Holding has 32% of the shares.

Products

NEVS currently only sells vehicles only in China.

Current vehicles