NEVS news

[Dave T]

In Trollhattan car builder will be hired for the summer, but first 2017 production start. Under which brand Nevs be building cars is still unclear. Nevs currently has no right to use the Saab brand.


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The Saab brand name is everything. With it, there is some desire among some to look into buying such car. With another name (whether it's NEVS, Griffin, Viggen, Sven, Thor, Koenigsegg, or whether name), the car has to survive purely on its merits.

[SaabWorld]

Press release from NEVS:

Nevs has signed a Strategic Collaboration Agreement with Panda New Energy Ltd., about 150,000 9-3 Sedan EV

National Electric Vehicle Sweden (Nevs) and the Chinese company Panda New Energy Co., Ltd. have signed a strategic collaboration agreement. According to the agreement, Nevs will provide Panda with 150,000 9-3 sedan electric vehicles until the end of 2020. In addition, the agreement also includes 100 000 other EV products and services from companies associated to Nevs and its owners. The total value of the agreement is 78 billion RMB.

Panda New Energy is a new energy vehicle leasing company with focus on low emission mobility solutions. Cooperating with many chauffeured car service platforms in China, Panda aims to become one of the biggest EV leasing companies in the world.

“This is a strategic collaboration for Nevs not only in terms of the numbers of vehicles, but it is also an important step to implement our vision and new business plan. In the long term, we want to provide our customers with both sustainable products and mobility services,” said Stefan Tilk, Vice Chairman Nevs.

”We are very pleased to form a cooperation with Nevs, a company with a rich innovation heritage and the right ability to fulfil our demands. Being in an emerging market for new energy vehicles, we are happy to find a partner who shares our commitment to the environment,” said Ma Chao, Chairman Panda New Energy.

National Electric Vehicle Sweden AB’s (Nevs) vision is to shape mobility for a more sustainable future, and focuses on the development of electric vehicles and sustainable mobility services. Nevs acquired the main assets of the former Saab Automobile in 2012. Nevs is Co-owned by National Modern Energy Holdings, Tianjin Binhai Hi-tech industrial Development Area (THT), and the Beijing State Research Information Technology Co., Ltd. (SRIT).

[southsaab]

Coupled with the Turkish deal, the crew at Trollhatten are going to be busy. What a welcome holiday gift. Wonder if Saab AB will let NEVS use the Saab name now.

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[nordwulf]

When they have their facility in China ready in a few years, they will only make the car bodies in Trollhattan. Finally assembly and other manufacturing will take place in China.

There are many sources reporting of an order for 150K cars. The press release mentions 'strategic collaboration agreement'. This can mean so many things but it doesn't sound like a signed and paid-for order.

Panda New Energy is unknown to China experts, according to the Swedish press. There is a manufacturing company called I-Panda New Energy but not sure if the are the same. http://www.i-panda.cn/ What's a manufacturing company going to do with 150K electric vehicles?

The Turkish deal also is not going to bring much manufacturing to Trollhattan because those cars are going to be built in Turkey.

[southsaab]

I'm of the opinion that the Saab of old is gone for good. There are changes going on that if Trollhatten is to survive, different players will have to get involved. Even if we deem them sketchy. Seeing how GM abused them, and the Swedish government kicked them to the curb, it's amazing they still have the doors open.
All these deals may come to nothing, but as the old poker adage, all you need is a chip and a chair and you're still in the game.


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