VW starts construction of new electric car plant in China
May 03, 2021The German auto-giant has started the construction of an all-new MEB plant at Volkswagen Anhui recently. The new plant will be the third of the group’s pure-electric vehicle manufacturing facilities in China, following completion of the Anting (SAIC VW) and Foshan (FAW-VW) plants.
Osram sits on the throne as the top automotive LED supplier
March 25, 2021The COVID-19 pandemic heavily impacted the global auto market and in turn damaged the automotive LED industry in 1H20, according to TrendForce’s latest investigations. However, 2H20 saw a gradual recovery.
Volkswagen intensifies e-mobility activities in China
May 29, 2020Volkswagen has initiated the next chapter for its business in China. The automotive giant plans to increase its share in JAC Volkswagen, its joint venture for e-mobility.
Sono Motors to cooperate with Valoe on solar solutions
February 27, 2020Finnish technology company, Valoe Oyj, has signed a cooperation agreement with the Munich based Sono Motors GmbH to become a Technology Partner for the integrated solar components of the Sion, a Self-Charging electric car with solar integration.
Sono Motors hits its target - community funding works
January 22, 2020The Munich-based mobility provider Sono Motors has successfully completed the extension of its campaign to finance the company and has exceeded its target of EUR 50 million.
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.
Sono Motors to produce Sion in Sweden
April 18, 2019German automotive start-up, Sono Motors, announces that their first series production solar electric vehicle (SEV) will be manufactured in Sweden – buy no other EV manufacturer NEVS.
‘Volkswagen Group China is going full-scale electric in 2019’
April 16, 2019The German car-giant says that China will play a key role in its global transformation and decarbonization program. Thus, this year will see an intensified roll-out of new energy models.
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.
No more funding issues for Swedish electric car maker Nevs
July 16, 2018According to the electric car manufacturer, Nevs has won the legal dispute that the company had with the Chinese investment company Beijing Zhigan Shenghou Technology, reports Swedish news agency TT.
Nevs to lose millions after problems with financier
July 03, 2018A partner of the electric car manufacturer Nevs, investment company Beijing Zhigan Shenghou Technology, has not completed its commitments to Nevs, and the issue will now be settled in court, reports the Swedish news site Dagens Industri.
Nevs invests in electrified roads with acquisitions
June 26, 2018Both in Shanghai and Sweden, the electric car manufacturer Nevs wants to make intelligent, electrical ways a reality. The company has completed acquisitions in Sweden to get there.
Swedish electric car maker to build second plant in China
June 15, 2018Electric car manufacturer Nevs is currently constructing its first Chinese manufacturing facility in Tianjin, and now the company announces that it already have plans for another facility – this time in Shanghai.
DiDi and Nevs form alliance with automobile industry players
April 30, 2018Nevs, DiDi and several other companies from the automotive industry met up in Beijing on 24th April. They collectively founded the “D-Alliance”, which aims to build up a new ecosystem of automotive operations, promote car sharing and drive forward the transformation of automotive industry towards smart mobility and new energy together.
Chinese investment firm invests $500M in Nevs
March 14, 2018Today – March 14, 2018 – an important agreement was signed by Nevs and Chinese Investment firm GSR Capital, whereby GSR will invest USD 500 million (about SEK 4 billion) in Nevs.
Nevs Tianjin project kicks off production
December 05, 2017On December 5, 2017, as the Nevs 9-3 electric rolls off the production line, Nevs Tianjin project kicks off production, marking a new stage moving from development into industrialisation.
Renesas to set up ‘New Energy Vehicle Solution Centre’
October 31, 2017Renesas Electronics says it will establish a “New Energy Vehicle Solution Centre” on November 1, 2017, directly under the China Business Unit to accelerate engagement with the Chinese new energy vehicle (NEV) market.
Nevs and DiDi partner up for future mobilityLoad more news
October 25, 2017Electric car manufacturer Nevs AB has entered into a strategic partnership with DiDi Chuxing, a mobile transportation platform.