Jump to content
Create New...
  • William Maley
    William Maley

    Saab To Live Again As A Electric Car Maker

    William Maley

    Editor/Reporter - CheersandGears.com

    June 13, 2012

    Despite the heavy odds against it, Saab will rise up once more.

    Today, Saab’s bankruptcy administrators, Anne-Marie Pouteaux and Hans L. Bergqvist, announced that National Electric Vehicle Sweden AB has agreed to purchase a majority of Saab. National Electric Vehicle Sweden AB is a consortium made up by Hong Kong-based National Modern Energy Holdings Ltd. and the Japanese investment group Sun Investment LLC.

    The deal includes a production facility, Saab Tools, test facilities, Saab Powertrain, and the 9-3 architecture. Not included intellectual property rights to the 9-4x or 9-5 and Saab Parts. Neither one of the parties would reveal the purchase price.

    At a news conference earlier this morning in Trollhattan, NEVS chief Karl Johan Jiang revealed the that the consortium will use the Saab name. Also, NEVS said their first vehicle would be based on the current Saab 9-3 with Japanese technology and come out sometime in late 2013 or 2014. The vehicle will be built in Trollhattan.

    Source: The New York Times, SaabsUnited

    User Feedback

    Recommended Comments

    Why do I see this as the GOV wasting money there to try and save union jobs on a dead product line.

    Electrical plug in SAAB will not save this company. I guess they feel with the down eruo economy, it was probably pennies on the dollar to pick up the pieces and give it a try. At least then when it fails they can say we tried one last time.

    I truly believe CNG is a better focus than Electrical at this time.

    Link to comment
    Share on other sites

    ... but what of the Phoenix platform?

    That will be their second car.

    First product for Saab will be a developed 9-3 Electric Car. The 2nd will be a new generation 9-3 built upon the phoenix platform combined with cutting-edge Japanese technology.

    Link to comment
    Share on other sites

    and so many want to aspire to be like Sweden, Norway etc.

    The 9-3 is ancient! good car, maybe there will be a plug in BLS sedan!!!

    Yeah this reeks of govt propping up to save jobs....lol but how is this different than here?

    at least it keeps the brand............

    sucks ass that the 9-5 is not continuing..... I test drove one and really loved it.

    Link to comment
    Share on other sites



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.


  • google-news-icon.png



  • Community Hive Community Hive

    Community Hive allows you to follow your favorite communities all in one place.

    Follow on Community Hive
  • google-news-icon.png

  • Subscribe to Cheers & Gears

    Cheers and Gears Logo

    Since 2001 we've brought you real content and honest opinions, not AI-generated stuff with no feeling or opinions influenced by the manufacturers.

    Please consider subscribing. Subscriptions can be as little as $1.75 a month, and a paid subscription drops most ads.*
     

    You can view subscription options here.

    *a very limited number of ads contain special coupon deals for our members and will show

  • Similar Content

  • Posts

    • Was driving so I could not snap a picture, but the local Kia dealership is clearly getting a ton of new EVs as two trucks went by, one with EV9's and the other with EV6's.
    • Congratulations, nice looking SUV, Hope all goes well for you with this as I can understand not wanting to have her get stuck with your kid in the car.
    • Welp, we finally got rid of my wife's G55 AMG. I've talked about it here a few times but there was something inherently wrong with it. It had left her stranded at least 5 times and us once. Luckily everything was covered under an extended warranty, so it was minimal out of picket and the loaners were covered or just given to us via a couple different Merc dealerships. Anyway, after getting stranded once since we've had our lil baby, my wife finally had enough of it. I tried convincing her a year or two ago when the market was nuts to bail on it and just make a bunch off of it. That didn't happen, hahaha. When we got her G55 back about a month ago, we were looking for a replacement. She's been spoiled and had to have something of a luxury brand. She never said this but anything she'd look at had a luxury brand...of course.. She was stuck on the shape of the SUV and she hates how everything modern is bubbly or rounded. There's nothing "old school boxy" that's mainstream, really. I had her look at X5, GLE, Aviators, Q7 anything in that range. I ALMOST had her into an SQ7. We test drove one but there just weren't anything around us in the price and miles we were looking for. She didn't like the exterior of an X5, GLE, or GV80. @David She's a part of the "electric vehicles just aren't there yet" crew.  Well, after a lot of looking and she was getting more and more anxious about the lack of faith in her vehicle, we came across a 2020 Range Rover Sport SVR that she fell in love with and it was fairly local. Typically, we have no issue driving up to 5hrs one way for a vehicle we find for the right price. She had zero faith in doing that with her G55 at this point. So the range and available vehicles decreased by soooo much. Normally we'd have Chicago, Indianapolis, Memphis, Kansas City, Louisville as potential places to buy from.  2020 13,550 miles. SVR = 575hp, s/c 5.0 V8. All of the auto lane keep stuff, auto braking stuff, head-up display, heated cooled front AND rear seats, 4 zone climate control, massive sunroof (that we don't care about), active exhaust (that we LOVE - exhaust note was actually high on her priority list - her list was...confusing, to say the least). Apple CarPlay, all sorts of off-road goodies that we will never use, hahaha, air suspension,  I was waaaaay off of another all-black vehicles but, again, that was on her list. I hate the black maintenance and just how quickly it looks dirty/bad. I'm pretty sure I was all over the place with my little story but feel free to ask about any detail I probably skipped over, forgot, or jumped around and made confusing. 
  • Who's Online (See full list)

    • There are no registered users currently online
  • My Clubs

×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search

Change privacy settings