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From Wikipedia, the free encyclopedia

NEVS AB
Subsidiary
IndustryAutomotive
PredecessorSaab's factories and assets
Founded2012
Headquarters,
Sweden
Number of locations
Fuzhou, China
Toronto, Ontario, Canada
Key people
Kai Johan Jiang (Chairman)
Stefan Tilk (President)
ProductsAutomobiles
Number of employees
1000+ (2018)[1]
ParentChina Evergrande New Energy Vehicle Group (100%)
Websitewww.nevs.com

NEVS AB, (NEVS means "National Electric Vehicle Sweden"[citation needed]), 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.

History

On 31 August 2012, NEVS acquired the main assets of the Saab Automobile bankruptcy estates.[2]

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.[3]

NEVS signed a battery contract with Contemporary Amperex Technology in 2017.[4]

In 2017, DiDi announced to place a SEK 4 billion order.[5] However, the agreement was collapsed.[6]

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.[7] Evergrande Health has since then increased to 68% of the shares. National Energy Holding (owned by the founder Kai Johan Jiang) has 32% of the shares.[citation needed]

In July 2020, Evergrande Health, announced to privatizate NEVS by acquiring all the shares of NEVS.[8] The company also announced to rename to China Evergrande New Energy Vehicle Group.

Products

NEVS currently only sells vehicles in China.

Current vehicles

Upcoming vehicles

  • 9-3x (cancelled), a compact electric crossover station wagon version of the 9-3.
  • 9-4 (production to start in 2021), a compact electric sedan based on the cancelled Saab 9-3 successor Phoenix prototype.
  • 9-4x (production to start in 2021), a compact electric compact SUV L113.[9][unreliable source?]

Future vehicles

References

  1. ^ "NEVS Annual Report 2018" (PDF). NEVS. Retrieved 12 January 2020.
  2. ^ "About us". NEVS. Retrieved 26 September 2017.
  3. ^ "China's Panda New Energy places $12bn-order for Nevs electric cars". Yahoo!. AFP. 17 December 2015. Retrieved 18 September 2020.
  4. ^ Lambert, Fred (1 March 2017). "Chinese battery maker signs massive supply contract with NEVS ahead of build out of new Gigafactory-size plant".
  5. ^ ""Kinas Uber" går in i Nevs - DN.SE". 26 October 2017. Archived from the original on 26 October 2017.
  6. ^ Lambert, Fred (11 April 2018). "Didi reportedly pulls out of massive electric car order with NEVS". electrek.co. Retrieved 18 September 2020.
  7. ^ "NEVS - Evergrande Group new main owner in NEVS AB" (Press release). NEVS. Archived from the original on 21 January 2019. Retrieved 29 January 2019.
  8. ^ 【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.
  9. ^ "Breaking: All-New NEVS cars Gets Its Picture Taken For The First Time". saabplanet.com. 20 January 2019.

External links

This page was last edited on 17 October 2020, at 22:22
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