National Electric Vehicles Sweden announced last week that it has bought Protean, a British manufacturer of in-wheel motors for electric cars. In announcing the tie-up with NEVS, Protean said the acquisition will speed the rollout of its technologies in next generation electric and self-driving cars, and "paves the way for NEVS to deploy Protean... Chinese NEVS buys leading in-wheel electric motor manufacturer
National Electric Vehicles Sweden announced last week that it has bought Protean, a British manufacturer of in-wheel motors for electric cars. In announcing the tie-up with NEVS, Protean said the acquisition will speed the rollout of its technologies in next generation electric and self-driving cars, and "paves the way for NEVS to deploy Protean...
Faraday Future has been selling like crazy lately. Only, not its cars. The company announced last week that it is seeking a buyer for its original factory site in Las Vegas, where it announced at the 2017 Consumer Electronics Show that it would build its future FF91 and FF81. It also announced then that it had sold its Gardena, California...
Tesla plans to make service quicker, easier, and automatic. National Electric Vehicles Sweden bought a stake in Swedish supercar maker Koenigsegg. And our latest Twitter poll asks for readers' opinions about electric-car ads. All this and more on Green Car Reports. In our first chance to drive the 2019 Kia Niro EV, we found a lot to...
Swedish automakers all seem to be going electric, and Chinese investors are bringing them together. In the latest announcement last week, Hong Kong health-insurance conglomerate Evergrande Health flexed its muscle to scoop up a second Swedish automaker. Last month, Evergrande, which became most famous in the U.S. for its previous tumultuous...
Chinese health insurer Evergrande Health really wants in on electric cars. After backing Faraday Future and running into a feud with its Chinese founder Jia Yueting, Evergrande on Tuesday bought a controlling interest in National Electric Vehicles Sweden, the Chinese company that bought the rights to what was Saab, and continues building electric...
The company that bought the remains of Swedish carmaker Saab, known as National Electric Vehicle Sweden (NEVS), finally celebrated the start of car production in China two weeks ago. NEVS first production vehicle is the 9-3 electric, of which it plans to produce 50,000 copies annually during phase one at its assembly facility in Tianjin, China. It...
Swedish auto brand Saab may never return, but the company NEVS has officially debuted its electric cars adapted from Saab assets it acquired following the brand's fall from grace. NEVS (National Electric Vehicle Sweden) is, in fact, a Swedish company, though it's backed by Chinese investors. And the new 9-3 series is NEVS' first major production...
Since it bought the assets of bankrupt automaker Saab in 2012, Chinese-backed consortium National Electric Vehicle Sweden (NEVS) has been working toward mass production of electric cars. But despite ambitious plans for a multi-model lineup of electric cars, the company has made relatively little apparent progress toward that goal. While it is...