“Evergrande Group” Acquires Remaining Equity of NEVS
As announced a few months ago during the signing of a strategic agreement with the largest companies in the new energy vehicle area, the Chinese mega-corporation Evergrande Group intends to...
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As announced a few months ago during the signing of a strategic agreement with the largest companies in the new energy vehicle area, the Chinese mega-corporation Evergrande Group intends to...
The Evergrande Group signed strategic agreements with well-known names in the automotive industry last year. Among them the German automotive engineering company FEV Group, EDAG, IAV Group as well as AVL...
Evergrande Group formed a Joint Venture in Germany with Hofer Powertrain, an outstanding system supplier of efficient powertrain solutions in the fields of electrification, hybridization, and internal combustion power. The...
On January 29 at local time of Sweden, Swedish Prime Minister Stefan Lofven met Hui Ka Yan, Board Chairman of Evergrande Group, and his delegation in Prime Minister's Office. Evergrande...
Real estate conglomerate China Evergrande Group brought a new financial injection and is the new majority owner of the NEVS company. Evergrande Group in China has acquired 51% of the shares in...
Evergrande has once again shown the determination to become world leader within EVs. This time, a major contract has been signed with BENTELER and FEV Group. China Evergrande Group acquired...
Explore NEVS's strategic shift in the wake of Evergrande's liquidation, as the company prepares for an independent future, focusing on the Emily GT and PONS projects, and exploring new manufacturing horizons.
In the wake of Evergrande Group's financial turmoil, the shockwaves have extended to Trollhättan, Sweden, where NEVS (National Electric Vehicle Sweden) resides. With Evergrande's monumental $414 billion debt crisis casting a shadow, NEVS finds itself at a crossroads. Yet, amidst uncertainty, there is a glimmer of hope for the NEVS Emily GT project, a symbol of Saab's legacy, as potential saviors emerge. This article explores the complex interplay between Evergrande's troubles and NEVS's quest to resurrect the spirit of Swedish innovation.
NEVS, the Swedish EV manufacturer, is in advanced talks to sell its Saab-inspired Emily GT project, offering hope for Trollhättan's automotive heritage amidst Evergrande's financial struggles.
At the beginning of last week, a great deal of media attention was caused by the disclosure of the dimensions of the crisis in which the Evegrande Group fell into,...