20 Feb '16, 8am

Nevs to Add Electric Minivan in its Portfolio

National Electric Vehicle Sweden (Nevs ) has signed a framework agreement about acquiring a stake in a transport vehicle manufacturing company in Fujian province, China. New Long Ma (NLM), is located in the Fujian province, and is a part of the Fujian Motors Group, owned by the Fujian provincial government. The company has during the last three years invested three billion RMB in a new plant that today has a production capacity of 150 000 vehicles per year. NLM’s product portfolio includes an electric commercial distribution minivan which is a part of the agreement. Today this product is the third most sold electric minivan in China, with over 12 000 units sold during its first production year 2015. “This deal broadens our product portfolio with an additional vehicle type which contribute to our vision of sustainable transport solutions. The deal is of significant strategi...

Full article: http://electriccarsreport.com/2016/02/nevs-to-add-electri...

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via @evworldeditor

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