NEVS production start in June?

Let's start the week with a little note about what might be. NEVS has a new major shareholder, Evergrande. And maybe you have to make friends with the possibility that electric cars will be built in the near future.

Does NEVS really build 2019 cars?
Does NEVS really build 2019 cars?

Of course, after almost 7 years of innumerable announcements, I am full of reservations. Everything is provided with at least 3 question marks, as well as the latest news from China. On the 16. In March, the Evergrande Group in Tianjin held its global, strategic summit of the New Energy Automobile Group. A major event and a huge stage for Evergrande founder Xu Jiayin.

The Press reports on 800 companies from home and abroad who were present as participants. Among them are prominent representatives of German suppliers, such as Winfried Herold, Vice President Division Chassis Technology at ZF. Xu Jiayin presented the plans of the group, which intends to become one of the largest providers of technologies for alternative drive vehicles in the next 3 to 5 years.

Of course, the future "backbone of the Chinese auto industry" does not yet have its own vehicle at the start. Evergrande's first electric car was announced on Saturday as operational from June. The media assume that it will be sold worldwide. Presumably this means the NEVS 9-3 EV.

Big stage in Tianjin to show strength

The main event in Tianjin served primarily to demonstrate strength. To impress subcontractors as potential partners, to send a message to Beijing, and to show that a big player is entering the stage. With its own battery manufacturing, NEVS and subsidiaries, the Evergrande Group forms the complete chain of added value from development to the consumer. Theoretically, this puts you in a good position. Forecasting what will happen and what it means for Trollhättan is currently impossible.

Too many questions about the strategic course are open, as well as the issue of long-term financing. Does the multiple billionaire Xu Jiayin have the necessary funds and does he enjoy the goodwill of the administration? Because the future depends not only on Evergrande, but also on the authorities. Koenigsegg, where NEVS will be the new shareholder and majority shareholder of a joint venture, expects to pay 300 Millionen € until the end of the month. We will report.

8 thoughts too "NEVS production start in June?"

  • 18. March 2019 at 10: 52 AM
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    After all, something is moving. However, I do not think that in June with "model year 2020" starts with the 9-3. That would be 18 years after the premiere and an absolute record.

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      • 18. March 2019 at 11: 22 AM
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        That would be, and the 9-3 still looks good, I think. But my imagination is not enough for NEVS to really start with it.

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      • 18. March 2019 at 11: 31 AM
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        Even though I still do not think the Saab 9.3 is outdated after many years of design, you can not score points in terms of the variety of products available worldwide. Here, something new has to come from design and technology. You know that in China anyway. Right and left of NEVS also happens in China enormously. Let's wait for it.

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    • 18. March 2019 at 2: 03 PM
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      Well there are other brands for sale in The car industri ..

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  • 18. March 2019 at 12: 29 PM
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    "Showing strength in the market" with a model that is getting old. Courageous. Exciting. Sustainable?
    I imagine that the electric drive anyway "unsettling", since probably all electric motors work on the same principle.
    The really "exciting" is the range of the e-mobile. And the design.
    In the latter, the "old SAAB" still makes emotions ... 🙂
    Whether it's enough for an impressive world appearance, will show the time ...
    Let's wait for it. Tom will happily report. 🙂

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  • 18. March 2019 at 3: 39 PM
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    Maybe Evergrande will invest a few million more and buy the naming rights from SAAB AB? Then they would be my friends forever 🙂

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  • 19. March 2019 at 7: 29 PM
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    Thanks for the information regarding NEVS. You can not wait more than NEVS anyway

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