Saab’s new owner, National Electric Vehicle Sweden (NEVS), is targeting its home market of China, where the government is promoting clean automotive technology with up to 100 billion yuan ($16 billion) in vehicle subsidies, R&D and infrastructure spending, according to research firm Frost & Sullivan.
New models of NEVS electric cars are still in development, and in the last few months News has entered into many strategic contracts. Yesterday, the company has entered into a new strategic agreement with State Grid Corporation of China – ranked 7th on Fortune Global 500.
Kai Johan Jiang, Chairman of the Board said today: “I don’t do things half-heartedly and I never give up. The future of mobility is being created here in Trolhättan“. Town hall meeting today with owner and chairman Kai Johan Jiang.