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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".
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Derek Fung
10 Geneva concepts we wish made production
News
11th Mar 2018
6 min read

10 Geneva concepts we wish made production

Now the biggest, boldest concepts from the 2018 Geneva motor show have been revealed, and space has been made in dream garages for Supras, Lagondas, and M8 Gran Coupes, we cast a nostalgic eye back on some of the most memorable concepts from the last 20 years. These are the cars we believe should have earned a place in product portfolios from their respective manufacturers. Some were simply too fanciful to ever get a look in, while others fell to the might of a beancounter’s red pen.
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Kez Casey
Saab 9-3 licensed to Turkey for its new national car
News
17th Oct 2015
2 min read

Saab 9-3 licensed to Turkey for its new national car

National Electric Vehicle Sweden (NEVS) has licensed the Saab 9-3 to Turkey to use as the basis of its new national car project. Fikri Isik, Turkey's science, industry and technology minister, told TRT, Turkey's government-backed national television network: "We bought Saab 9-3’s intellectual property rights, but not its name. The brand will be a Turkish brand, it will not be Saab. We will develop the technology in Turkey."
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Derek Fung
NEVS unveils Saab 9-3 EV prototype
News
22nd Aug 2014
2 min read

NEVS unveils Saab 9-3 EV prototype

Cash-strapped car maker National Electric Vehicle Sweden (NEVS) has revealed a Saab 9-3 EV prototype produced at its plant in Trollhatten. The unveiling of the 9-3 EV – one of a series of prototypes built in May – marks the beginning of the next phase in NEVS’ plan to mass-produce an electric model based on the old Saab 9-3. The 9-3 EV prototype teams a 100kW electric motor with a lithium-ion battery produced by Chinese company Beijing National Battery Technology.
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Tim Beissmann