Company that once tried to save Saab has shut down

, a Swedish electric-vehicle startup most widely recognized for its attempt to restart production of Saab cars early last decade, shut down itself this month.

In a terse statement on the NEVS website, the company said it is closing down its production development activities as part of a “hibernation plan.” The company also said it is taking inquires about the sale of its properties. reported last week that Polestar has applied to use a former Saab R&D facility in Trollhättan, Sweden, for development of electric powertrains.

NEVS was last owned by Evergrande Group, the Chinese conglomerate whose main property development arm ran into financial trouble in 2021 with debts of over $300 billion. At that time, with funding drying up, NEVS went on the look out for a buyer.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Dead and Company Announce Bill Kreutzmann Won't Join Them for Final Tour“This is the culmination of a shift in creative direction as we keep these songs alive” Grateful Dead members and John Mayer say in statement
Herkunft: RollingStone - 🏆 483. / 51 Weiterlesen »

Veteran Grateful Dead Drummer Bill Kreutzmann Drops Out of Final Dead and Company TourDrummer Bill Kreutzmann, one of the founders of the Grateful Dead and a member of spinoff group Dead and Company, will not be a part of the latter group’s farewell tour this summer, the band …
Herkunft: Variety - 🏆 108. / 63 Weiterlesen »

Another Bay Area company moving HQ to TexasThe move comes six years after the company relocated its manufacturing operations to Texas in 2017.
Herkunft: SFGate - 🏆 534. / 51 Weiterlesen »

Narcan maker aims to make overdose reversal drug more affordable, company saysEmergent BioSolutions is aiming to make Narcan more affordable after the Food and Drug Administration approved sales of the live-saving without a prescription.
Herkunft: FoxBusiness - 🏆 458. / 53 Weiterlesen »

Tour company owner who ripped off thousands of families to spend 5 years in prisonJoseph Cipolletti was sentenced to five years in prison for ripping off thousands of Ohio school children and their families, taking their money for trips to the nation’s capital, then folding his company in 2018.
Herkunft: wsyx6 - 🏆 444. / 53 Weiterlesen »