At the end of the year, the NEVS 9-3 electric car will finally go into production. The following year NEVS wants to roll the 9-3 X SUV at the start. It is also based on the Saab 9-3, but 60% of the parts are said to have been redeveloped. The company speaks of the 9-3 X of an SUV, I see it as a derivative of the 9-3 station wagon, which would also be good genes.
The optimism offensive in Stallbacka continues. Victor Jensen von Sverigesradio published further details last week, including the schedule. After the electric 9-3 sedan and the 9-3 X SUV, both of which were developed in Trollhättan, the plan is to present a completely newly developed vehicle in 2020.
It is based on the Sango platformwho has been working in Sweden for a few months now. The new electric vehicle, behind the new one, is scheduled to go into production autonomous pod according to the InMotion Concept, in the year 2021. Subsequently, two new vehicles are planned to be launched each year.
So far invested 1 billion €
According to founder Kai Johan Jiang, around € 12 billion has been invested in NEVS so far. A huge sum, and yet only small money in comparison. Li Shufu has spent around $ 3 billion on successfully reviving Volvo. Another double-digit billions went into the purchase of shares from Volvo Trucks, Daimler, Lotus, Proton and a Danish bank. And Elon Musk burns about that amount with Tesla - every quarter! Volvo, with careful electrification strategy, is profitable today. Tesla is struggling with Model XNUMX startup issues and is waiting to step into the black.
It is unclear when and whether there will be NEVS electric cars outside of China. Likewise, whether Trollhättan will build cars again. There are declarations of intent, but nothing more. The uncertainties predominate, many questions are unanswered without any satisfactory answers. The most important construction site is likely to be the plant in Tianjin. It was supposed to go into operation in summer 2018, the time window was postponed to the end of the year. The credibility of NEVS and its founder depends on the fact that this deadline can be kept.