Chinese government grants NEVS’ application for electric vehicle production at its manufacturing plant in Tianjin

NEVS 9-3 EV Sedan

Trollhättan, Sweden, 26-Jan-2017 — /EuropaWire/ — The Chinese government has today approved NEVS’ application to start production of electric vehicles in its manufacturing plant in Tianjin.

– I am very grateful for the approval we now have received for the electric vehicle production license. It is an extremely important milestone for NEVS, which is based on 70 years of Saab long history. It means that we can take the next step to realize our vision – to shape mobility for a more sustainable future, says Kai Johan Jiang, chairman of NEVS.

The electric vehicle production license approved by the Chinese National Development Reform Commission (NDRC) is required in order to manufacture electric vehicles in China. NEVS is the first joint venture company with investors from outside China that is granted a New Energy Passenger Vehicle Project investment approval by NDRC.

NEVS’ manufacturing plant in Tianjin is under construction and planned to be up and running at the end of 2017, with the capacity of 200 000 electric passenger vehicles yearly.

The electric car industry is growing rapidly in China. NEVS plan is to develop a product portfolio of electric vehicles and mobility services globally, with China as the first and most demanding market for the coming years. The immediate plan is to deliver 150 000 9-3 Sedan electric vehicles to the partner Panda New Energy, a new energy vehicle leasing company in China.

For more information, please contact:
Ulrika Hultgren
Media Relations Manager
Tel: 0046 5208 5100
ulrika.hultgren@nevs.com

About NEVS
NEVS’ vision is to shape mobility for a more sustainable future. Core to this is a global portfolio of fully electric premium cars, mobility solutions and sustainable city offerings.
NEVS was founded in 2012 and acquired the main assets of the Saab Automobile bankruptcy estates. The company is owned by NME Holdings Ltd., Tianjin Bin Hai Hi-tech Industrial Development Area, (THT) and State Research Information Technology Co., Ltd. (SRIT).
NEVS’ head office and main research and development facilities are located in Trollhättan, Sweden. NEVS’ car production plant is located in Trollhättan, with a second production plant and a R&D Centre under construction in Tianjin, China, as well as a production plant in Longyan, China.

SOURCE: National Electric Vehicle Sweden AB