News & ReviewsLast 7 days
CarAdvice

Saab

  1. Home
  2. Category
  3. Saab
Saab successor buys 20 per cent of Koenigsegg
News
29th Jan 2019
2 min read

Saab successor buys 20 per cent of Koenigsegg

NEVS (National Electric Vehicle Sweden) and Koenigsegg will also form a joint venture company "to expand into new market segments". NEVS will contribute €150 million ($238 million) in starting capital for the new firm and hold a 65 per cent stake. Koenigsegg will own the rest of the company by contributing its "intellectual property, technology licenses, and product design".
Profile picture of Derek Fung
Derek Fung
NEVS brand launched, bid to revive Saab abandoned
News
21st Jun 2016
2 min read

NEVS brand launched, bid to revive Saab abandoned

New Electric Vehicle Sweden (NEVS) has officially conceded defeat in its battle to regain rights to the Saab name for use on its cars. Overnight, the Chinese-backed car maker announced that from 2017 it will begin producing vehicles based on the Saab 9-3 platform, including an electric vehicle.
Profile picture of Derek Fung
Derek Fung
NEVS planning four all-new electric vehicles using Saab platform
News
14th Dec 2015
2 min read

NEVS planning four all-new electric vehicles using Saab platform

National Electric Vehicle Sweden (NEVS), the owner of the assets of Saab Automobile, has announced plans to release four all-new vehicles in 2018. Speaking at Sweden’s largest annual automotive conference, Stora Bildagen, NEVS president Mattias Bergman revealed the company’s intention to launch its first electric vehicle based on “significantly upgraded” Saab 9-3 technology in 2017 before introducing four new models based on Saab’s EV-optimised Phoenix platform the following year.
Profile picture of Tim Beissmann
Tim Beissmann
Saab production halted again by cash-strapped owner NEVS
News
21st May 2014
2 min read

Saab production halted again by cash-strapped owner NEVS

The new owner of Saab has been forced to halt vehicle production after running into financial trouble. The Chinese company National Electric Vehicle Sweden (NEVS) - which restarted production of the Saab 9-3 in Trollhattan, Sweden, last year after acquiring the bankrupt car maker - confirmed overnight a "short-term cash problem" meant it needed to temporarily idle its operations.
Profile picture of Tim Beissmann
Tim Beissmann
Saab factory re-opened for NEVS production: report
News
16th Aug 2013
1 min read

Saab factory re-opened for NEVS production: report

New Saab owner National Electric Vehicle Sweden (NEVS) has reportedly re-opened the former Swedish brand's Trollhattan factory that shut its gates in April 2011 prior to the company filing for bankruptcy later that year. According to a report by Swedish publication Aftonbladet, NEVS – a consortium comprising a Chinese renewable-energy powerplant builder and a Japanese investment firm – has 180 employees at the plant working on test manufacturing.
Profile picture of David Zalstein
David Zalstein