Saab

The NEVS 9-3 and NEVS 9-3X concepts have been revealed ahead of their debut later this month. Externally, the NEVS 9-3 models are distinguished from their Saab 9-3 forebears via a new bonnet, grille, slim LED headlights, front and rear bumpers, and tail-light designs. The company hasn't provided many details about the revived 9-3's drivetrain, except to say the car will have a driving range of around 300 kilometres.

National Electric Vehicle Sweden (NEVS), the owner of the assets of Saab Automobile, has signed a deal with China’s Panda New Energy Co. that will see it deliver 150,000 Saab 9-3 EVs to the company by the end of 2020. The agreement, which will also see it deliver 100,000 other electric vehicle products and services from companies associated with NEVS and its owners, is worth 68 billion yuan ($17 billion) to NEVS.

Mahindra and Mahindra is keeping quiet on speculation that it is considering buying a stake in perennially embattled car-maker Saab. The Indian commercial vehicle and tractor manufacturer this week surfaced as a potential saviour for the recently revived Swedish brand, as its Hong Kong-based majority owner continues to search for additional cash to keep the fledgling company afloat.

The first Saab-badged vehicle built under the control of new owner National Electric Vehicle Sweden (NEVS) has rolled of the production line at the former Swedish brand's Trollhattan assembly plant. The first pre-production car to be built under NEVS ownership, the silver Saab 9-3 sedan is the first Saab model to leave the plant since Trollhattan shut its gates in April 2011 ahead of Saab filing for bankruptcy eight months later.