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 from Sverigesradio published in the last week more details, including the schedule. After the electric 9-3 sedan and the 9-3 X SUV, both of which were developed in Trollhättan, they plan to present a completely new vehicle to 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 € 1 billion has been invested in NEVS so far. A huge sum, and yet only small money in comparison. Li Shufu has taken over 12 billion for the successful revival of Volvo. Further tens of billions went into the purchase of shares in Volvo Trucks, Daimler, Lotus, Proton and a Danish bank. And Elon Musk burns with Tesla about this amount - every quarter! Volvo, with careful electrification strategy, is profitable today. Tesla struggles with problems with the launch of Model 3 and waits for the step into the black.
When and if there will be NEVS electric cars outside of China is unclear. Also, whether Trollhättan will build cars again. There are declarations of intent, but nothing more. The uncertainties prevail, many questions are open without satisfying answers. The most important construction site is likely to be the plant in Tianjin. It should 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 this date being held.