22 Aug '13, 3pm

Revvived Saab Preparing Gas And Electric Cars

Revvived Saab Preparing Gas And Electric Cars

Saab’s plant in Trollhattan, Sweden is preparing to pick up where the former GM-operated automaker left off – with a twist being an electric version of its 9-3 mid-sized car to be produced alongside gas variants by the company with a new name. The revitalized company is called National Electric Vehicle Sweden (NEVS), and is owned by Hong Kong National Modern Energy Holdings, which is run by Swedish-Chinese green energy entrepreneur Kai Johan Jiang. This has been the case since last August when the renewable energy company took over, and it has been working to revive an economic linchpin for the beleaguered town. About 7 percent of the town’s population – 3,400 people – lost their jobs following Saab’s bankruptcy, and in January this year Bloomberg reported locals were praying for someone to rescue their stricken economy. So far, NEVs has recruited about 300 employees inclu...

Full article: http://www.hybridcars.com/revvived-saab-preparing-gas-and...

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