Following the announcement on December 1st about the acquisition of NEVS’ Emily GT and PONS projects by EV Electra, Swedish journalist Karl af Geijerstam, editorial writer at Bohusläningen and a reporter for TTELA, has expressed his skepticism about the investor behind these projects. His latest article delves into the credibility and capability of EV Electra’s owner, Jihad Mohammad.
Table of Contents
- 1 Controversies Surrounding Jihad Mohammad and EV Electra
- 2 Allegations of Model Theft and Legal Disputes
- 3 Mohammad’s Response to the Allegations
- 4 NEVS’ Trust in Mohammad
- 5 The Question of Financial Capability
- 6 The Decision Lies with Trollhättan’s Stakeholders
- 7 Conclusion: A Future Clouded in Uncertainty
Controversies Surrounding Jihad Mohammad and EV Electra
Jihad Mohammad faces serious accusations from companies who originally designed the cars that EV Electra has been showcasing. Geijerstam questions whether the capital and trust in Mohammad are sufficient for mass production. The skepticism intensifies with revelations that EV Electra has been marketing cars on its website that were developed by other companies and used without permission.
Allegations of Model Theft and Legal Disputes
The Czech electric car company K1 Attack has ceased all dealings with EV Electra, alleging that EV Electra’s use of their car models is damaging their brand. Another car, reportedly developed by Detroit Electric, has led to a police report against EV Electra for alleged theft. Detroit Electric’s CEO, Albert Lam, accuses Mohammad of fraud after a failed investment promise of 500 million dollars.
Mohammad’s Response to the Allegations
Despite these allegations, Mohammad defends himself, claiming to have paid for the cars and having the right to use them for marketing. He accuses his critics of slander and has recently announced his reluctance to engage in further media interviews, citing misrepresentation by journalists.
NEVS’ Trust in Mohammad
Despite the negative references from K1 Attack and Detroit Electric, NEVS CEO Nina Selander has stated that extensive research on Mohammad revealed no irregularities. NEVS also ensured that the capital for the deal did not originate from Russia, which could potentially violate sanctions.
The Question of Financial Capability
Mohammad claims to have secured about 500 million dollars in capital without loans, citing religious beliefs against borrowing money. However, the source of this capital remains unclear. Geijerstam raises doubts about whether this amount is sufficient for large-scale production, especially when compared to significant investments by established car manufacturers like Nissan.
The Decision Lies with Trollhättan’s Stakeholders
Ultimately, the feasibility of car production under Mohammad’s leadership depends on the companies and individuals in Trollhättan. They must decide whether they trust Mohammad enough to support his plans, considering the controversies and stories that have surfaced.
Conclusion: A Future Clouded in Uncertainty
Karl af Geijerstam’s article highlights the myriad of challenges and doubts surrounding EV Electra’s recent acquisition. The future of car production in Trollhättan under Jihad Mohammad’s vision now hangs in a delicate balance, shaped by trust, financial capability, and the unfolding narrative of controversies and allegations.
Just liked NEVS! Just taking but no car production!
Long live SAAB!
The “Emily Sold” story will fade into history.
EV Electra just another shadow organisation.
yes , I hope they will stop the deal.
I’ll aways be driving the original petro Saab’s, thank you!
Hopefully tge,deal with tge Iranian backed Mohamed Jihad will fall, and a European investor will step in.
i guess we were all thinking (and hoping) that a real OEM would come along scoop
up the Emily project! this EV Electra thing is a sad joke. Looks like Saab now has zero chance of revival.
I greatly fear that there is no substance to the company that has purchased Emily and PONS. Like others, I doubt its success. Another sad twist to the sorry Saab Cars tale. “See Emily _cry_”