The lights threaten to go out at National Electric Vehicle Sweden (NEVS), the Swedish electric car subsidiary of the Chinese real estate group Evergrande. NEVS is laying off 320 of its 340 employees.
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Although Sono Motors already announced in 2019 that it would have its Sion solar electric car produced by National Electric Vehicle Sweden (NEVS) at the Swedish site in Trollhättan, there is apparently no binding production agreement to date. We asked the Munich-based company about this.
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Solar electric car startup Sono Motors announces the European production partner for the first Sion EV. National Electric Vehicle Sweden (NEVS) takes charge of manufacturing at the Trollhättan-site from mid-2020.
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Chinese-owned Saab successor NEVS (National Electric Vehicle Sweden) has invested 150 million dollars to acquire 20 per cent of the shares in the Swedish sports car manufacturer Koenigsegg. The deal is part of a strategic partnership between the two manufacturers.
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The Chinese investment firm GSR Capital, who had wanted to buy Nissan’s battery section last year, has invested 500 million dollars in the Saab successor National Electric Vehicle Sweden (NEVS).
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