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Car/Ride Sharing

NEVS Targets Flexible Robo-Taxis

Reconfigurable seating and plug-and-play autonomous software is put to the test in Sweden

Hybrid

Turkey Plans $3.7 Billion EV Production Complex

The Turkish government is backing a $3.7 billion bid to establish the country's first domestic carmaker.

Hybrid

NEVS, AutoX Partner on Autonomous EVs

National Electric Vehicle Sweden AB says it will use autonomous vehicle technology from AutoX for a fleet of electric robo-taxis to be tested in Europe.

Hybrid

NEVS Begins Saab-Based EV Production in China

National Electric Vehicle Sweden has finally begun making an all-electric car—based on the discontinued Saab 9-3 sedan—at its factory in Tianjin, China.

Business

Sweden’s NEVS Buys Protean Electric

National Electric Vehicle Sweden AB has acquired Protean Electric Inc., a Troy, Mich.-based company that produces in-wheel electric drive motors.

Hybrid

German EV Startup to Use Former Saab Plant

Germany’s Sono Motors GmbH has inked a deal with National Electric Vehicle Sweden, owner of the assets of bankrupt Saab Automobile AB, to build an electric car at the former Saab plant in Trollhattan, Sweden.

Hybrid

Swedish Carmakers Form JV

National Electric Vehicle Sweden AB is acquiring a 20% stake in Koenigsegg AB for €150 million ($171 million) and is forming a joint venture with the supercar company.

Hybrid

Evergrande Takes Control of Saab Maker

Chinese property developer Evergrande Group has paid $930 million to gain a 51% stake in National Electric Vehicle Sweden, owner of the assets of bankrupt Saab Automobile AB.

Car/Ride Sharing

Magna Partners in China on Contract Assembly Plan

Magna International Inc.’s month-old joint venture with BAIC Group aims to building vehicles for ride-hailing giant DiDi Chuxing Technology Co., sources tell Reuters.

Yazaki’s Bo Andersson Expands Job Role

Yazaki Corp. has expanded the management role of industry veteran Bo Andersson, who it hired to head its European business last July, to include North and Central American operations.

Production

NEVS Aims to Launch EV Production in Sweden Next Year

National Electric Vehicle Sweden AB, the Chinese-Japanese company that acquired the assets of bankrupt Saab Auto in 2012, says it will launch Swedish production of an electrified version of the Saab 9-3 sedan in the second half of next year.

Hybrid

Turkey to Develop Its Own EV

The Turkish government has formed a consortium of five domestic companies to launch the country’s first national car, an electric sedan based on the Saab 9-3, in 2021.

Business

China’s DiDi Chuxing, NEVS Team Up on Autonomous Ride-Share EVs

China’s National Electric Vehicle Sweden AB (NEVS) has signed a strategic agreement with ride-hailing giant DiDi Chuxing to cooperate on self-driving electric taxis.

Bentley, Bugatti Confirm New CEOs

Volkswagen AG’s Bentley and Bugatti units have named Adrian Hallmark and Stephan Winkelmann, respectively, as their new CEOs to replace the retiring Wolfgang Durheimer, who had headed both supercar brands.  

Report: JLR’s Adrian Hallmark to Rejoin Bentley as CEO

Volkswagen AG’s Bentley unit plans to hire Adrian Hallmark, currently head of strategy for Jaguar Land Rover Ltd., to succeed Wolfgang Duerheimer as CEO, Germany's Manager Magazin reports.

Bo Andersson Chosen to Head Yazaki Europe

Longtime global auto industry executive Bo Andersson has been hired as president of the European unit of wiring harness supplier Yazaki Corp. His new assignment began on July 14.

Autonomous Vehicles

NEVS Unveils Upcoming EVs, Autonomous Vehicle Concept

China’s National Electric Vehicle Sweden AB (NEVS) took the wraps off production versions of its Saab-based 9-3 electric sedan and 9-3X electric SUV, and the InMotion fully autonomous concept car at this week’s CES Asia electronics conference in Shanghai.

Regulations

U.S. May Expand GM Headlight Recalls

The National Highway Traffic Safety Administration may order General Motors Co. to add another 312,000 vehicles to previous recalls in 2014 and 2015 involving 497,000 vehicles in the U.S. whose low-beam headlamps may suddenly fail.

Business

Ex-Saab Chiefs Cleared of Tax Evasion, Fraud Charges

Two former CEOs of Saab Automobile AB have been acquitted by a Swedish court of fraud and tax evasion related to their efforts to stave off the company’s bankruptcy in 2011, Reuters reports.

Hybrid

Spyker Revives D12 SUV Plans

Spyker NV has resumed development of the hybrid-electric D12 Peking-to-Paris crossover/SUV the company showed in concept form in 2008.

Mobility

Saab Owner Approved to Make EVs in China

China’s National Electric Vehicle Sweden AB, which acquired the assets of bankrupt Saab Automobile AB five years ago, has been given permission to build electric cars in Tianjin.

Sales

Chinese Battery Maker Buys Stake in Contract Assembler Valmet

A Chinese battery maker has acquired a 22% stake in Finnish contract vehicle assembler Valmet Automotive to help promote electric-car sales in Europe.

Regulations

GM Will Recall 200,000 Vehicles to Replace Takata Airbag Inflators

General Motors Co. plans to call back about 200,000 aging Saturn and Saab cars in the U.S. and Canada to replace driver-side airbag inflators that could explode when triggered by a crash.

Regulations

Daimler to Replace Takata Airbag Inflators in 840,000 Vehicles

Daimler AG says it will recall about 705,000 Mercedes-Benz cars and 136,000 Daimler commercial vans in the U.S. to replace driver-side Takata Corp. airbag inflators that could explode in a crash.