Yesterday, Dagens Nyheter wrote that the cause of NEVS 'financial problems may be in a devastating explosion on 22. November 2013 Qingdao rocked.
At that time, a leak was discovered in a pipeline in China's largest oil company, Sinopec, in Qingdao's industrial area. An attempt to repair caused an explosion that cost the lives of 62 people. In addition, more than 100 injuries were reported, 18.000 people had to be evacuated. It was one of the worst industrial disasters in China last year.
Those blamed for the disaster include Zhang Dayoung, party secretary in Huangdao, a Qingdao economic development zone. One of the key players when 2013 signed the agreement between NEVS and Qingboo investment company Qingbo in January. He was dismissed in January 2014 as party secretary. Together with the remaining in office mayor Zhang Xinqi he wanted to settle in Qingdao new industries.
In the new, at the 12. The industry development plan in Qingdao is no longer mentioned in the automotive industry.
Only summer theater or facts?
So much for Dagens Nyheter. One might wonder whether the “Pengar crises” at NEVS should fill the gaps in the summer time, which is poor in news. Unfortunately this is not the case. Because what Dagens Nyheter publishes about the NEVS crisis has been known for a long time, but too speculative to write about it.
Zhang Dayoung's dismissal in January coincides with the sale of Kai Johan Jiang's Chinese assets, which also began in the same month. According to another Chinese source, the explosion sparked investigations that uncovered corruption and sloppiness around the investment company. Several high-ranking officials were disempowered, the automotive industry and NEVS is now settled for Qingdao.
Whether for Saab not only the Quingdao issue, but also China in general, is not certain. Mahindra is said to be working on the entry or takeover, but the negotiations are unconfirmed on all sides. The “Economic Daily”, on the other hand, as a Chinese source, sees NEVS in negotiations with several Chinese automobile manufacturers ... but without naming them. The progress of the Saab saga is more uncertain than ever.
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