Jump to content
  • Welcome Guest!

    Founded in 2001, CheersandGears.com is one of the oldest continuously running automotive enthusiast communities on the net. 

    Sign up is free and easy, come join the fun!

  • William Maley
    William Maley
    Sign in to follow this  

    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


    Sign in to follow this  


    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.

    Share this comment


    Link to comment
    Share on other sites

    So they got old Epsilon 1 out of the deal to make electric cars but not Epsilon 2 nor Theta.

    Good luck with that...

    ... but what of the Phoenix platform?

    Share this comment


    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.

    Share this comment


    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.

    Share this comment


    Link to comment
    Share on other sites


    Your content will need to be approved by a moderator

    Guest
    You are commenting as a guest. If you have an account, please sign in.
    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.




  • Recently Browsing

    No registered users viewing this page.

  • Today's Birthdays

    1. dans30thta
      dans30thta
      (49 years old)
  • Who's Online (See full list)

    There are no registered users currently online

  • My Clubs

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×