Things develop ... slowly - as it seems. But - and this is amazing for me in a concrete case - in a positive direction. Long-term patient NEVS seems to be on the road to recovery, adding up the facts of the last few days.
The Facts: 469 573 creditors are fully paid, with the remaining companies yesterday having the promised first installment in their accounts. Deadline was the 13.Juni, and NEVS paid a few days earlier. Mid-October, the balance payments are due, NEVS would then be debt-free.
As announced on Friday, later confirmed by TTELA and yesterday by Sweden Radio, another partner has found its way into the Stallbacka. It is unclear whether it is a new major shareholder, or just an additional shareholder. The contracts are signed, NEVS and the unknown party but not ready to communicate details, as press chief Östlund announced.
This is not very satisfying for us as a blogger, and the community wants to finally see facts. But the behavior shows that one has learned from the mistakes of the past. A contract is only a contract when the money is in the account, so the maxim. A healthy attitude.
The latest developments are exciting, maybe you just added another chapter to the Saab saga. In the days before the festival in Stallbacka, a busy frequency of visitors was noted, which is difficult to classify. The origin of the delegation was Asian, but not from China. One forecast: in the future it could secure more than one major shareholder financing and future of the plant, and (maybe) the Saab brand. If long-term financing and the industrial background of the new shareholders are correct, the opportunity for a return of the brand name to Trollhättan would be given. We will see ! Let's go to the options!
Soon production in the factory again?
A future pillar of NEVS should be contract production and development. At the press conference in front of international fans, NEVS CEO Bergman spoke about the future distribution of production capacity. In 3 shift operation, 180.000 vehicles could be built per year. Two-thirds are to wear the Saab logo (!), A third of which is planned as future contract manufacturing. These vehicles would have a different brand on the hood. Was it just coincidence or intention that the speech came to this topic?
The contract manufacturing plans seem more concrete and more advanced than they seem. After the summer holidays preparations for commissioned production should start, then up to 60.000 vehicles of a foreign brand in the Saab factory could run off the belts each year. This, as I said, is an unconfirmed option, but with a likelihood that it might be accurate.
For Trollhättan and the Saab plant this development would be more than welcome. Lack of work and prospects are still a big issue in Saab City, though not as oppressive as a year or two ago. Getting the factory up and running, keeping it running in 1 shift operation, until new Saab models may roll off the line in 2 to 4 years ago, is the challenge for NEVS. If it succeeds, a big step towards stability and future for the automobile location Trollhättan would be done. I would wish !