NEVS Cars

Swedish Prime Minister Meets Hui Ka Yan, Board Chairman of Evergrande Group, a Major Shareholder of NEVS

On January 29 at local time of Sweden, Swedish Prime Minister Stefan Lofven met Hui Ka Yan, Board Chairman of Evergrande Group, and his delegation in Prime Minister’s Office. Evergrande Group is a major shareholder of NEVS.

Other figures present included: Tomas Eneroth, Minister for Infrastructure at Ministry of Enterprise and Innovation, Jiang Dalong, Chairman of Evergrande & NEVS, Christian von Koenigsegg, Chairman of Koenigsegg, and Stefan Tilk, CEO of Evergrande & NEVS and Director of Swedish Institute.

Group photo of Swedish Prime Minister Stefan Lofven Hui Ka Yan and his delegation
Group photo of Swedish Prime Minister Stefan Lofven Hui Ka Yan and his delegation

Real estate conglomerate China Evergrande Group brought a new financial injection and is the new majority owner of the NEVS company.  Evergrande Group in China has acquired 51% of the shares in NEVS AB in Sweden.

Their first product, NEVS 9-3 EV, will be available for Chinese consumers this year. Except for their factory in Trollhättan, Sweden, NEVS have built a new car manufacturing plant in Tianjin, China and started to build another one in Shanghai, China.

NEVS will begin producing their first 9-3 electric vehicle, with the aim of having cars and mobility services built in and around them available to Chinese consumers this year. Hundreds of NEVS current staff have been working at Saab Automobile for many years. Together they will do their best to carry their Swedish roots and the Saab heritage with them into the future. Presale has started in China!

 


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