Koenigsegg and NEVS announced a new technical partnership recently that also includes some swapping of cash for stock in various entities. Both companies are Swedish although NEVS (the National Electric Vehicle Sweden Company) is now owned by a Chinese parent. You may remember an article Motoring Weekly published recently about Koenigsegg’s camless engine and we have written … [Read more...]
The Turkish National Car
Back in 2015, Tubitak, the Scientific and Technological Research Council of Turkey, announced that it had licensed technology from NEVS, the National Electric Vehicle Sweden, to build a national car. Chinese owned NEVS had bought some of the assets of SAAB when it finally ground to a halt after several failed attempts to revive it. Those assets appear to be the factory and … [Read more...]