Wednesday, May 27, 2015

Nevs starts factory in China – New Technology

       

(Updated) In a press release on Wednesday announced Nevs that two new Chinese partner enters the company , THT and Srit.

The city of Tianjin enters through its development area THT, and there will be a jointly owned production facility is established.

The first electric car to be manufactured in Tianjin is based on technology from Nevs. Later the range of electric cars broadened, says Nevs.

Srit working on the development of IT services and is owned State Development Research Center as well as the telecom company China Unicom.

The company will develop technology for connectivity and software in the next car.

THT is the larger of the two new Chinese owners of 30 percent of the ownership in Nevs. The capital injection is set to $ 200 million.

Two years is expected the construction of the new facility in Tianjin take. Meanwhile Trollhattan to build cars and components to be sold in China.

According to CEO Mattias Bergman will further partner to be presented at a next time. Then, a new business plan presented.

At the press conference it emerged that the new cars have new local brands. How it will be the brand Saab is currently unclear.

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