Evergrande arrived at NEVS in 2019 with fresh capital, control of the board and plans for one million electric vehicles a year. The promised expansion never reached Trollhättan. Hui Ka Yan has now been sentenced to life imprisonment, while Saab’s former Stallbacka factory has already passed entirely into Swedish ownership.
NEVS acquired Protean in 2019, tested its in-wheel motors in Saab 9-3 development cars and later used four of them in Emily GT. Seven years later, Renault has formally confirmed the same technology for the production-bound 5 Turbo 3E.
