National Electric Vehicle Sweden

NEVS owner opens battery plant in China

Press Release   •   Oct 16, 2012 07:00 BST

One of the world’s most up-to-date battery manufacturing plants is now operational in Beijing. It has been established by the owner of National Electric Vehicle Sweden (the manufacturer of the future Saab cars), National Modern Energy Holdings Ltd., which has started manufacturing of batteries for electric-drive buses and cars through its wholly owned subsidiary State Power Group in China.
The new battery manufacturer is named Beijing National Battery Technology and is owned by State Power Group (75 percent) together with company management (25 percent).
The batteries are based on Japanese engineering using LFP (lithium iron phosphate, LiFePO4) technology. They deliver high energy density: 146 Wh/kg, exceeding the current offering in the electric vehicle market.
The plant currently employs 75 people, a figure which will grow as production is increased. Additionally, an engineering staff of 30 will work in research and development of battery technology.
Batteries are currently delivered for use in urban electric buses in China. The production plant is also intended to be the main battery supplier to the Saab electric vehicles, with the initial model planned for launch in early 2014.
“This is important for Nevs. In only seven months from groundbreaking to start of production, we have built a state-of-the-art battery plant,” said Kai Johan Jiang, owner of National Modern Energy Holdings, the parent company of Saab car manufacturer Nevs. “The production capacity is easily scalable, and I foresee us adding more plants to meet the needs of Nevs and the market’s demand for electric vehicle batteries. The battery plant is a result of the Chinese-Japanese collaboration, which also forms the engineering pillar for the future Saab electric vehicles. Already today, our batteries have very competitive specifications, and still some 18 months remain before launch of the first Saab EV model.”

For more information please contact:
Mikael Östlund, Public Relations Officer
+46 70 885 04 79