Tag Archives: Mikael Ostlund

Trollhättan: Better Days Are Coming

National Electric Vehicle Sweden (Nevs), formerly Saab Automobile, announced that it had some good news Thursday, an order worth USD 12 billion from Chinese vehicle leasing company Panda New Energy, to manufacture electric cars and also provide related products and services. “This is a strategic collaboration for Nevs not only in terms of the numbers
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In The News This Week: Saab Is Apparently Not Dead (Again)

Stories of the Week is that the company Nevs received a huge order of electric vehicles from Panda New Energy Ltd., and disclosure od specific plans and the first sketches of future NEVS models. This news is set again in focus of interest of world automotive media Nevs-SAAB, calling these events “a reawakening of successor Saab”. This
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Saab AB and GM: We have no connection with the agreement between Turkey and NEVS

Saab Group has said China’s National Electric Vehicle Sweden (NEVS), which has signed a deal with Turkey to help produce the country’s first “national car,” does not represent the Saab brand, but only owns the company’s car production plant. Turkey’s “national car” agreement worth 40 million euros with China’s NEVS has enabled the company to
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Saab-Nevs to seek extension of bankruptcy protection

The owners of struggling NEVS will seek an extension of bankruptcy protection that expires at the weekend, a spokesman said Friday. The Chinese-backed consortium, National Electric Vehicle Sweden (NEVS), took over the ailing carmaker in 2012. NEVS planned Monday to ask for an extension of the reorganization that began at the end of August, spokesman Mikael
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NEVS will be applying for an extension of the reorganisation

Swedish Radio P4 West  reported earlier this morning that NEVS will be applying for an extension of the reorganisation with the Vänersborg district court on Monday 1 December. – We will submit the application on Monday, that’s all I can say right now, says Mikael Östlund, Communications at Nevs for P4 West.  Now it is
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Salary payments of 600 NEVS employees delayed

Mikael Östlund, Communications officer at carmaker Nevs in Trollhattan, said that the salaries of the approximately 600 employees are delayed. Nevs has no money to pay salaries to the employees. The reason is that the company has not received money from the principal owner. – We have informed staff today that payroll is not going
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Saab Owner Faces Bankruptcy Petition

The company that lifted Swedish automaker Saab out of bankruptcy is now facing financial difficulties of its own. On Tuesday a supplier petitioned a Swedish court to declare National Electric Vehicle of Sweden (Nevs) bankrupt. Labo Test, which supplies test equipment for car parts, said Nevs had failed to pay bills of 150,000 kronor ($22,000)
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NEVS – Production delayed again…

From Sveriges Radio:The crisis for Saab-NEVS continues. Earliest in September can be built Saab cars in Trollhättan plant again. The owners Nevs lacks money and has once again postponed the restart of production. Nevs Communications Manager Mikael Östlund says negotiations to bring in new money continues. – Negotiations continue to do well and we will forward
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NEVS has been forced to pledge vehicles and buildings

China’s National Electric Vehicle Sweden (NEVS), which rescued iconic car brand Saab from bankruptcy, has been forced to pledge vehicles and buildings in order to borrow 58 million kronor, Swedish media said Wednesday. The company needs money to cope with the economic crisis. “It’s about the continued funding of the business,” said Nevs Communications Manager
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