National Electric Vehicle Sweden (NEVS) has received an order from China Volant Industry Co. for 20,000 electric Saab 9-3s worth £700 million.
National Electric Vehicle Sweden (NEVS) – the firm that bought what was left of Saab after Victor Muller played – is on something of a roll at the moment.
Just last month, NEVS revealed an order for 150,000 electric cars based on the old Saab 9-3 (and other bits) worth a whopping £8.5 billion, and now it looks like they’ve racked up an order for a further 20,000 electric 9-3s from China Volant Industry Co.
NEVS has signed an agreement with Volinco to supply the 20,000 EVs between 2017 and 202, a deal which, if ratified, will add to the already substantial order book they have from the December deal with Panda New Energy.
The figures quoted mean each 9-3 EV costs around £35k – which seems a bit steep – but, just like the deal with Panda, it could include other EV products and services.
What’s not yet entirely clear is whether NEVS will be putting a Saab badge on their new EVs, as Saab AB – owners of the Saab name – withdrew the rights to use the name when NEVS got court protection in 2014 as it fought off bankruptcy.
But as NEVS is still using the saabcars.com domain name, it seems more than likely – as they seem well on the way to being successful and profitable – that Saab AB have granted the rights back.