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From Wikipedia, the free encyclopedia

PredecessorSaab's factories and assets
Number of locations
Fuzhou, China
Toronto, Ontario, Canada
Key people
Stefan Tilk (President)
Number of employees
1000+ (2018)[1]
ParentChina Evergrande New Energy Vehicle Group

NEVS AB, (NEVS means "National Electric Vehicle Sweden"[2]), is a Swedish electric car manufacturer which has acquired the assets of Saab from a bankruptcy estate in 2012.

NEVS is the trademark of the company’s products including the first electric vehicle based on the 9-3 platform which was to start in 2017.


On 31 August 2012, NEVS acquired the main assets of the Saab Automobile bankruptcy estates.[3]

In December 2015 the company signed a strategic collaboration agreement with the Chinese company Panda New Energy, an energy vehicle leasing company that focuses on limiting emissions. According to the agreement, NEVS will provide Panda with 150,000 9-3 sedan electric vehicles until the end of 2020.[4]

NEVS signed a battery contract with Contemporary Amperex Technology in 2017.[5]

In 2017, DiDi announced to place a SEK 4 billion order.[6] However, the agreement was collapsed.[7]

Owners and management

Chinese real estate conglomerate Evergrande Group, via its listed subsidiary: Evergrande Health Industry Group (Evergrande Health; SEHK:708), acquired 51% of the shares in NEVS in January 2019.[8]

In July 2020, Evergrande Health, announced to privatizate NEVS by acquiring all the shares of NEVS.[9] The company also announced to rename to China Evergrande New Energy Vehicle Group.


NEVS currently only sells vehicles in China.

Current vehicles

Upcoming vehicles

Future vehicles


  1. ^ "NEVS Annual Report 2018" (PDF). NEVS. Retrieved 12 January 2020.
  2. ^ "Koenigsegg to accelerate growth in the hyper car market with EUR 150 million funding from NEVS (National Electric Vehicle Sweden)". 30 January 2019. Retrieved 29 October 2020.
  3. ^ "About us". NEVS. Retrieved 26 September 2017.
  4. ^ "China's Panda New Energy places $12bn-order for Nevs electric cars". Yahoo!. AFP. 17 December 2015. Retrieved 18 September 2020.
  5. ^ Lambert, Fred (1 March 2017). "Chinese battery maker signs massive supply contract with NEVS ahead of build out of new Gigafactory-size plant".
  6. ^ ""Kinas Uber" går in i Nevs - DN.SE". 26 October 2017. Archived from the original on 26 October 2017.
  7. ^ Lambert, Fred (11 April 2018). "Didi reportedly pulls out of massive electric car order with NEVS". Retrieved 18 September 2020.
  8. ^ "NEVS - Evergrande Group new main owner in NEVS AB" (Press release). NEVS. Archived from the original on 21 January 2019. Retrieved 29 January 2019.
  9. ^ 【港股追蹤】恒大健康改名「恒大汽車」 市值2600億直迫地產旗艦. Hong Kong Economic Times (in Chinese). 28 July 2020. Retrieved 18 September 2020.
  10. ^ "Breaking: All-New NEVS cars Gets Its Picture Taken For The First Time". 20 January 2019.

External links

This page was last edited on 22 November 2020, at 06:25
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