German automaker Volkswagen is planning to invest more than €10bn by 2025 for the development and production of electric cars and plug-in hybrid cars in China. The investment will be made by Volkswagen Group China and its joint ...
Tags: Volkswagen, Electric Cars
China's largest new energy car maker BYD has reported surging profit growth in 2015, with demand rising as authorities introduced policy support for green vehicles. BYD raked in 80 billion yuan (12.24 billion U.S. dollars) in revenue last ...
Tags: New Energy Car, EV
A Chinese leasing firm has signed a deal worth 78 billion yuan (12 billion U.S. dollars) with a Chinese-owned Swedish vehicle company, according to National Modern Energy Holdings (NMEH) on Monday. NMEH is jointly invested and founded by ...
Tags: Swedish vehicle company, National Modern Energy Holdings
China's new 10-year new-energy vehicle development plan has more objective, practical goals than the one released in 2012, after NEV sales in the first quarter accounted for only 5 percent of this year's original target. The Ministry of ...
Volkswagen is planning to launch 20 new plug-in hybrids and electric vehicles in China over the next five years. The company previously planned to introduce 15 cars from its core Volkswagen unit along with other brands under the company ...
Tags: Volkswagen, Vehicles, Accessories
The 2014 Saab 9-3 Aero sedan has been unveiled by the Swedish brand’s new owner, National Electric Vehicle Sweden (NEVS), ahead of its December 10 on-sale. Accompanied by the first details of the new Saab 9-3 Aero sedan – a ...
Tags: Aero sedan, Saab, Electric Vehicle
Series production of Saab vehicles has restarted at the former Swedish brand’s Trollhattan assembly plant under the control of new owner National Electric Vehicle Sweden (NEVS). Production of the petrol-powered Saab 9-3 Aero sedan ...
Tags: Saab, Saab vehicles
The first Saab-badged vehicle built under the control of new owner National Electric Vehicle Sweden (NEVS) has rolled of the production line at the former Swedish brand's Trollhattan assembly plant. The first pre-production car to be ...
Tags: car, auto, Transportation
New Saab owner National Electric Vehicle Sweden (NEVS) has reportedly re-opened the former Swedish brand’s Trollhattan factory that shut its gates in April 2011 prior to the company filing for bankruptcy later that year. According ...
Tags: Saab Factory, NEVS Production
Images purportedly revealing the planned design of the never-released 2013 Saab 9-3 have been leaked by a Swedish automotive website. Three low-resolution screenshots of the next-generation Saab 9-3 were published by Auto Motor und Sport, ...
Tags: Saab, Leaked Images, Third-Gen Model
The auto industry has a very confusing family tree. The past few years have seen partnerships, sales, separations, bankruptcies, and entire divisions killed off, making it difficult to keep up with who owns which car brands. As automakers ...
Tags: auto industry, car brands, BMW
New Saab owner National Electric Vehicle Sweden (NEVS) has signed a partnership worth $291 million with the City of Qingdao in China’s Shandong province giving the city a stake in the Hong Kong-owned manufacturer. To be made in ...
National Electric Vehicles Sweden AB (NEVS), the owner of Saab Automobiles, has signed an agreement with the Chinese city of Qingdao to make and sell Electric Vehicles (EV). The company expects to manufacture electric cars for the Chinese ...
Tags: NEVS, Saab Automobiles, Chinese city, Electric Vehicles
Saab Cars Australia has been placed into voluntary administration, forcing the closure of the company’s Port Melbourne operations and the loss of six local jobs. The appointment of Ferrier Hodgson partners Stewart McCallum and Peter ...
Tags: Saab Cars Australia, car, new car, car industry
National Electric Vehicle Sweden (NEVS) has completed the acquisition of the major assets of Saab Automobile, Saab Automobile Powertrain and Saab Automobile Tools. Following the acquisition, NEVS has also signed a licensing agreement with ...
Tags: National Electric Vehicle Sweden, Saab Automobile Powertrain