NEVS launches production of its Saab-derived 9-3 electric sedan

NEVS, which bought Saab's automotive assets from bankruptcy in 2012, is launching production of the first generation of its 9-3 electric sedan in China.

NEVS, the Chinese-Swedish company that acquired the main assets of Saab in 2012, has launched production of its rebadged 9-3 all-electric sedan at its new factory Tianjin, China, calling it "an important milestone in implementing NEVS vision to shape mobility for a more sustainable future and to start delivering EVs to our partners."NEVS, short for National Electric Vehicle Sweden, says its annual production capacity at the new plant is 50,000 electric vehicles in phase one and 220,000 in the...