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Scrutinizing the New Tenant of Saab’s Old Factory: EV Electra’s Ambitious Plans Under the Microscope

Stenhaga Invest's Approach to New Tenants at Saab's Old Factory

Svante Andersson: "I know who they are but it's not something I want to talk about. It may come from Nevs but I can say that it is a significant part of the factory that they will use, also offices and they need to employ a large number of employees"

Svante Andersson, acting CEO of Stenhaga Invest, which recently acquired the old Saab factory, is actively seeking tenants for the expansive property. EV Electra, following its purchase of NEVS’ Emily GT and PONS projects, emerges as a potential major tenant.

Background Checks and Media Skepticism

The deal with EV Electra and its owner, Jihad Muhammad, has sparked widespread discussions and skepticism in various media outlets. Many question Muhammad’s grand plans for Trollhättan, as well as his background, amidst rumors of involvement in dubious business dealings.

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Jihad M.Mohammad - Founder at EV electra ltd
For Mr. Jihad M.Mohammad, the founder of the company “EV electra”, there is no doubt that he is solely focused on its success.

Stenhaga Invest’s Assurance and Due Diligence

However, Svante Andersson reassures that NEVS conducted thorough background checks on Muhammad with the help of law firms, countering the negative portrayal in the media. “Their assessment does not match the image conveyed of him in the media,” Andersson states, highlighting the discrepancy between public perception and professional evaluations.

The Challenge of Filling the Factory Space

Andersson discusses the ongoing efforts to populate the 400,000 square meter factory with tenants, a task that he believes has good prospects despite its complexity. The exact space requirements for EV Electra remain unclear, leading to uncertainties about reserving specific areas within the factory.

New Dawn: Stenhaga Invest Assumes Full Control of the Iconic SAAB Factory in Trollhättan
New Dawn: Stenhaga Invest Assumes Full Control of the Iconic SAAB Factory in Trollhättan

Svante Andersson’s Perspective on the Future Collaboration

In light of the ongoing developments, Svante Andersson elaborates on the potential collaboration between Stenhaga Invest and EV Electra. He recognizes the significance of EV Electra’s role in reinvigorating the old Saab factory and the wider Trollhättan area.

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ex-Saab factory in Trollhattan

Andersson expresses a keen interest in the synergies that could arise from such a partnership, understanding the profound impact it could have on the local economy and the automotive industry at large.

However, he maintains a pragmatic approach, emphasizing the need for clear and strategic planning to ensure the success of this venture. Andersson’s insights reflect a balance between cautious optimism and the recognition of the transformative potential that EV Electra’s presence in the factory could bring.

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Jihad Muhammad’s Vision and Possible Purchase of the Factory

Acknowledging Muhammad’s significant visions for the future, Andersson expresses openness to the potential impact of these projects. However, when asked about Muhammad’s recent remarks on buying the factory, Andersson clarifies that he has no immediate plans to sell, leaving open the possibility for future discussions.

A Future Shaped by Trollhättan’s Talent

Andersson emphasizes that the success of these projects hinges on the people of Trollhättan who developed them.

While acknowledging the ambitious vision of EV Electra’s CEO, he remains cautiously optimistic, ready to applaud if the plans materialize as grandly as proposed. This narrative sets the stage for a watchful yet hopeful outlook on the future of EV Electra’s endeavors in the old Saab factory.

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Goran Aničić
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.

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