NEVS (National Electric Vehicle Sweden), the company struggling to bring the Saab brand back to life, said that it intends to lay off up to 200 employees due to lack of work, as the decision to re-start production will be further delayed.
Tag Archives: National Electric Vehicle Sweden
Saab gets ready to restart production
Saab’s new owner is seeking to restart production at the automaker’s mothballed factory in Sweden later this year.
Saab to be reborn as electric vehicle manufacturer?
A multinational joint venture has bought the assets of bankrupt Saab, and says Saab will become an electric vehicle manufacturer. The new company, National Electric Vehicle Sweden, (NEVS) is a consortium of National Modern Energy Holdings of China (the largest shareholder) plus Japanese and Swedish interests. The idea is to make an electric version of the 9-3 by 2014 in Saab’s Swedish factory. The technology will mostly be Japanese, but the main target market will be China.
