Rebranded Saab (National Electric Vehicle Sweden) + Dongfeng Sign Strategic Cooperation Agreement

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Originally published on EV Obsession.

nevs_saab_logoThe rebranded Saab Motors, National Electric Vehicle Sweden AB (NEVS), has signed a new strategic cooperation agreement with Dongfeng Motor Corporation, according to recent reports.

The new agreement is reportedly focused on “new energy vehicles” — which is to say, plug-in electric vehicles, primarily. The move is intended to help the two companies achieve synergies in some of their various operations.

The agreement will see NEVS receive support from Dongfeng on the development of vehicle production as well as research and development in Tianjin. It will also provide support for the creation of sales + service via aid from Dongfeng’s already established dealer network. Dongfeng will receive support from NEVS for the development of efforts to meet regulatory + technical requirements for markets that NEVS has experience in (North America, Europe, etc).

The president of NEVS, Mattias Bergman, commented: “Dongfeng is one of the leading vehicle company groups in the world. Through this cooperation, NEVS will be able to create industrial synergies, share the development costs, expand the supplier bases and increase the overall competitiveness for our own future products. This cooperation is one of the steps for NEVS to become a front-runner in the automotive industry, with focus on electric vehicles.”


Green Car Congress provides a bid more information:

In July 2015, NEVS began working with Dongfeng on complete vehicle development projects to enhance Dongfeng’s technical strength and improve NEVS’ own development capability. Now both parties have agreed to expand their cooperation from technical development to further business areas such as global purchasing and distribution network.

Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province. Dongfeng has formed several strategic long term partnerships with other international major car manufacturers including AB Volvo and as a 14% shareholder of PSA. Dongfeng Motor, with several JVs in China including Peugeot, Citroën, Renault, Nissan, Infinity, Honda and Kia, is one of the world’s largest automobile companies, with an annual output of more than 3.83 million units in 2014 and 1.83 million in the first half of 2015. In 2012 DFM acquired 70% of T engineering, a Trollhättan based engineering company and a spin off from Saab Automobile Powertrain, as their first R&D center overseas.

According to reps from NEVS, a strong alliance with Dongfeng is integral to its ability to reach some of its business goals.

Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

CleanTechnica Holiday Wish Book

Holiday Wish Book Cover

Click to download.

Our Latest EVObsession Video

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
Thank you!

CleanTechnica uses affiliate links. See our policy here.

James Ayre

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

James Ayre has 4830 posts and counting. See all posts by James Ayre

3 thoughts on “Rebranded Saab (National Electric Vehicle Sweden) + Dongfeng Sign Strategic Cooperation Agreement

  • The car bit of Saab is now entirely Chinese-owned. This is not a marriage of equals but a deal between two Chinese corporations. It might work; there is a tremendous legacy of high-quality engineering.

    • Either way it will be interesting to see what happens. I can’t recall any company that has been dead and partly revived as many times as NEVS (formerly know as SAAB by permission to use the name from the real SAAB company).

      • Honestly, it’s hard to keep track of when it is dead, when it is alive, and who owns it. 😛

Comments are closed.