SAAB NEVS

Although Saab doesn’t make cars anymore, the company’s spirit is still alive and well. After going defunct in 2011, Saab’s automotive assets were sold to National Electric Vehicle Sweden. Under financial hardship, the company is now closing product development activities – however, not before a new secret electric sports car project called NEVS Emily GT was revealed.

National Electric Vehicle Sweden (NEVS), the China-backed firm that bought SAAB’s assets out of bankruptcy in 2012, has been trying to position itself has a major player in the electric vehicle industry.

The company is one step closer now that it received today an electric vehicle production license for its 200,000 units per year car factory in Tianjin, China.
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