NEVS acquires auto technology company Protean Electric
June 03, 2019National Electric Vehicle Sweden (NEVS), which earlier this year became a subsidiary of Evergrande Health, has acquired British developer of in-wheel motor technology, Protean Electric.
NEVS and Koenigsegg form strategic partnership
January 29, 2019Two Swedish carmakers, NEVS and Koenigsegg, are together forming a strategic partnership with the aim of developing parallel vehicle models in slightly higher volumes with emphasis on electrification, as well as strengthening growth opportunities in the hyper car segment.
Evergrande buys majority stake EV battery maker
January 28, 2019Evergrande Health Industry Group – part of the Chinese property developer Evergrande Group – says it has invested RMB 1.06 billion (EUR 137.9 million) for a majority stake in Shanghai CENAT New Energy.
Swedish electric car company Nevs gets a new main owner
January 15, 2019Chinese property conglomerate Evergrande Group has acquired 51% of the shares in Nevs AB in Sweden.
Faraday Future secures fundingLoad more news
June 25, 2018Faraday Future has confirmed the USD 2 billion of equity funding upon approval of the Committee on Foreign Investment in the United States (CFIUS).