Tag Archives: New Long Ma

NEVS officially took over Chinese vehicle company New Long Ma (NLM)

In early May the company NEVS announced that they take Chinese company New Long Ma (NLM). This was preceded by the signing of the framework agreement about acquiring 50% of the New Long Ma manufacturing plant. Thursday May 12, the formal contract has been signed in Fujian. And, last week (on 18 August), NEVS officially took over Chinese
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Nevs will acquire 50% of the shares of New Long Ma company

New Long Ma (NLM), is located in the Fujian province, and is a part of the Fujian Motors Group, owned by the Fujian provincial government. The company has during the last three years invested three billion RMB in a new plant that today has a production capacity of 150 000 vehicles per year. NLM’s product portfolio
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