NEVS

​Car industry has been seen as the major cause of the pollution for decades. Must we compromise the convenience of personal transport to pursue sustainability? Is electric propulsion the only solution to reduce emission? What if one day our car will be part of the solution, not part of the problem?

The very last Saab from Stallbacka has been sold for 465,000 SEK. On Wednesday, at 10:00, the Bilweb auction ended with many bids during the last few minutes.

In June, Swedish EV manufacturer NEVS acquired the British in-wheel motor technology company Protean Electric.

Swedish EV manufacturer NEVS and the Autonomous Vehicle start-up AutoX have entered into an exclusive strategic partnership to integrate AutoX ́s Autonomous Drive technology in NEVS’ next-generation vehicle architecture.

NEVS/Evergrande acquires British automotive technology company Protean Electric to speed roll-out of innovative propulsion technologies for next- generation electric and autonomous vehicles.

Swedish car makers NEVS AB and Koenigsegg AB are together forming a strategic partnership, enabling the development of parallel vehicle models in slightly higher volumes with emphasis on electrification, as well as strengthening growth opportunities in the hyper car segment.

Evergrande Group in China has acquired 51% of the shares in NEVS AB in Sweden. Evergrande Group is a well-known company included in the Fortune Global 500 list, with its businesses covering the cultural tourism, real estate, health and hi-tech industries.