Nevs and Dongfeng tie-up for long-term strategic cooperation

National Electric Vehicle Sweden AB (Nevs) and Dongfeng Motor Corporation (Dongfeng) signed an agreement on August 17, 2015 to achieve global industrial synergies.

NEVS - National Electric Vehicle Sweden AB
NEVS - National Electric Vehicle Sweden AB

Since July 2015, Nevs has started to work on developing Dongfeng's vehicle development projects Dongfeng's technical strength and improve Nevs' own development capability. Now both parties have agreed to expand their cooperation from technical development to further business areas.

Dongfeng has formed several strategic long term partnerships with other international major car manufacturers including AB Volvo and as a 14 percent shareholder of PSA. Dongfeng Motor, with several JVs in China including Peugeot, Citroën, Renault, Nissan, Infinity, Honda and Kia, is one of the world's largest automobile companies, with an annual output over 3.83 million units in 2014 and 1.83 million in the first half of 2015. A long-term and stable alliance with Dongfeng is of great significance for Nevs to achieve its business opportunity.

According to the agreement, Dongfeng will support Nevs on the construction of new energy vehicles production and R&D in Tianjin and the formation of Nevs' sales and service with support from Dongfeng's dealer network. Dongfeng will also support Nevs to achieve the new energy vehicle mass production.

Nevs wants to support Dongfeng on their own brands to meet the technical specifications and overseas markets, and assist them.

Dongfeng is one of the leading vehicle company groups in the world. Through this cooperation, Nevs wants to create industrial synergies, share the development costs, expand the supplier base and increase the overall competitiveness of our own future products. Mr. Mattias Bergman, President, Nevs. "This cooperation is in the automotive industry, with focus on electric vehicles."

DFM Brief Introduction

Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province. As of December 2014, DFM had a total of approximately 176 full-time employees.

DFM is connected to a variety of international OEMs and produces a wide range of foreign products in China including those of Peugeot, Citroen, Renault, Honda, Kia, Nissan and Infinity. The total output in 2014 was 3.83 million units with revenue of 483 billion RMB.

In 2012 DFM acquired 70% of T engineering, a Trollhättan based engineering company and a spin off from Saab Automobile Powertrain, as their first R&D center overseas.

In 2014, DFG became the 14% shareholder of PSA Peugeot Citroën.

DFM is listed as no.113 in the world on Fortune 500.

20 thoughts on "Nevs and Dongfeng tie-up for long-term strategic cooperation"

  • They are only partners not the new secret owner.

  • What should be transferred from T to C? Any assets NEVS had already sold so far if it is a chinese firm or another NEVS wants to be a minor partner
    But the question is: does that have anything to do with SAAB (as we know it)? I'm afraid it has not. It's necessary for the investor's survival and ok but not the answer for mobility needs of current SAAB drivers.

  • The end ... Saab AB never ever will give the license to DONGFENG-NEVS. Sad days.

  • We will see. Although I am no longer looking forward to a positive surprise, I am waiting for the NEVS business plan to be presented in the fall. Then it will probably be clear, one way or the other.

    More backgrounds (exciting) on ​​the topic of NEVS-Dongfeng will be on the blog soon

  • OK. Too bad ... we will probably never see a new Saab again. I wonder how it can be that Nevs's site is still called that ... certainly not for much longer.
    🙁

    no happy ending ...

  • Dongfeng & Saab AB are in competition. I exclude any cooperation ...

  • Dongfeng is also an armaments company, like Saab, too. Hence the state property of Dongfeng. Either it comes down to cooperation; then the Saab label for the cars built under NEVS would be a negotiating element for future joint projects by Dongfeng and SAAB or the two armaments companies would remain concessions; then it was that with the name SAAB for the NEVS cars.

  • Sounds not good for SAAB cars, it just wants to know how to transfer from Trollhattan to China.

  • Chinese try to get a foot on the european continent ... but saab is far, far away from all of that.

  • Clear as always everything only in English.
    Saab-blog.uk

  • For me it is absolutely clear now. This is the end of Saab Automobile like we know and love them since many many years. Also I'm sure that they won't get the rights for the name SAAB

  • not even mentioning the word Saab itself is not a good sign. I hope i'm wrong.

  • Well, of all Chinese so-called automakers, Dongfeng at least is a big player. I think it is a very good partner for NEVS. What does that mean for Saab's resurrection? Time will tell ...

  • Hm, think Dongfeng is a good partner for Saab but the problem is for me general NEVS ...

  • It obviously has nothing to do with SAAB. So instead of the Phoenix the SAABYONG Dragon is expected to be in the pipeline.

  • I do not think there is any problem with electric mobility. It is questionable whether it succeeds, at least here in Germany, so I think the Saab train has gone astray. Pity

  • Good luck Dongfeng and NEVS,
    but i don't think they want to be successful outside of China.

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