NEVS has a new co-owner – Beijing Zhonghuon

August 23, 2017Goran Aničić3 commentsBeijing Zhenghuon NEVS

The new co-owner of NEVS – Beijing Zhonghuon provided a US$108 million financial injection. Beijing Zhonghuan Automotive Parts Co., Ltd. is an Automotive company located in Beijing, Beijing, China.

International media picking up on our big news today – NEVS welcomes new owner to be part of shaping mobility for a more sustainable future.

According to the media, a new NEVS co-owner is an investment company investing in new technologies and has been cooperating for some time with SRIT, one of NEVS’ current owners.

Continue reading after the ad

NEVS 9-3 EV series

“It is a new partner – exactly the percentage we don’t disclose today at least,” a NEVS spokesman told just-auto from Sweden. “What is important for NEVS is we get new partners and new finance coming in.”

“Beijing Zhigan Shenghuo Technology brings a lot of competence and a network with banks and investment company who are interested in making further investments in NEVS,” noted Scribe.

NEVS is currently in an intense development phase which requires investments, both in new technologies, factories and machinery and has been looking for partners for some time.

Continue reading after the ad

“The discussions with DiDi have been going on all summer. We hope they will lead to a binding agreement during this autumn”, said NEVS CEO and acting president, Stefan Tilk.

Tags:Beijing Zhenghuon NEVS

Goran AničićAugust 23, 2017

the authorGoran Aničić

For over 15 years, Goran Aničić has been passionately focused on Saab automobiles and everything related to them. His initial encounter with Saab cars took place back in 2003 when the first Saab 9-3 and sedan version were introduced. At that moment, he was captivated by the car's Scandinavian design logic and top-notch engineering, and everything that followed stemmed from that first encounter. Later on, through his work at the editorial team of the Serbian automotive magazines "Autostart" and later "AutoBild," he had the opportunity to engage more closely with Saab vehicles. In 2008, he tested the latest Saab cars of that time, such as the Saab 9-3 TTiD Aero and Saab 9-3 Turbo X. In 2010, as the sole blogger from the region, he participated in the Saab 9-5ng presentation in Trollhättan, Sweden. Alongside journalists from around the world, he got a firsthand experience of the pinnacle of technological offerings from Saab at that time. Currently, Goran owns two Saabs: a 2008 Saab 9-3 Vector Sportcombi with a manual transmission, and a Saab 9-3 Aero Griffin Sport Sedan from the last generation, which rolled off the production line in Trollhättan in December 2011.

3 Comments

Antonios Stavroulakis says:

August 24, 2017 at 5:13 pm

It will be made in China, not the same quality as if it were to be made in Sweden. Currently, Swedish cars are the best !!!-Greetings from Crete !!!

Reply
99subigt says:

August 25, 2017 at 1:08 pm

China is really good at duplicating almost anything with bad materials, saab is dead!!! Sorry to say it but it is the honest truth, people will see the name “saab” and think that it is a “saab” and is not, made in china, it does not resemble a saab, it looks like Kia and Hyundai came up with the style, the motors are not even close to the quality that saab made back in its days with its turbocharged engines, and now volvo too belongs to China and fiat too is thinking of selling out too!!?

Reply
Sandy says:

August 31, 2017 at 8:00 pm

SAAB cars as we know them are gone. Some of the IP and facilities are called NEVS but they will never be making anything similar to our Saab cars. However, China is the world’s biggest factory, and can manufacture virtually anything at any desired quality level. All of these car brands have factories in China;
Volvo
BMW
Fiat
Ford
General Motors (GM)
Honda
Hyundai
Jaguar Land Rover
Kia
Mazda
Mercedes Benz
Mitsubishi
Nissan
Peugeot
Renault
Suzuki
Toyota
Volkswagen

Reply