Showing posts with label NEVS. Show all posts
Showing posts with label NEVS. Show all posts

June 13, 2012

Confession #44: If the faithful won't buy a Saab EV, who will?

2010 Saab 9-3X (Saab Automobile photo)
I've expressed my love and skepticism for Saab several times. But I never wrote an obit.

I very nearly counted them out as the production halt in April 2011 turned into a potential sale, which turned into reorganization and then full-on bankruptcy around Christmas. They were down, but not dead and buried. Yet.

Today's news the broken remains of Saab Automobile – the plant, various tooling pieces and probably a lot of stationary and swanky Swedish furniture – were sold to a consortium called National Electric Vehicle Sweden (NEVS). NEVS is based in Sweden, led by a Chinese-born executive and has Japanese and Chinese money. Sounds like an interesting party, to say the least.