Tim wrote a new post, Swedish Finance Minister Anders Borg saved Saab once 20 hours, 25 minutes ago
Last week I spent two days reading what is a very interesting book that was released just a few days ago written by no other than Jens B Nordström who is the main financial reporter at Swedish Tv4. Now I have to say that I have in the past been very skeptic towards Mr Nordströms form of reporting which he himself admit did not put him in good…[Read more]
The District court of Vänersborg, Sweden, today August 29 approved the application for reorganization from National Electric Vehicle Sweden AB.
The District court has appointed Mr. Lars Eric Gustafsson, […]
A few minutes ago the Vänersborg court decided that NEVS fulfills the requirements for reconstruction. So NEVS gets the time they apperantly need to finish their negotiations.
The PDF with the official statement from the court can be found here.
Just as I published the last post saying we won’t have to wait for it too long PV Väst announces that NEVS are at Vänersborg court with a revised Version of their application.
NEVS states that they have secured a loan of 20 million crowns to get through the first 3-4 weeks of the reconstruction. They also stress that the reason for…[Read more]
Tim wrote a new post, SU EXCLUSIVE: NEVS will appeal the court decision! 4 days, 13 hours ago
Mattias Bergman confirms to SU that NEVS will appeal the courts decision to deny NEVS reconstruction!
I have read the application and below you can read a translated version of it. It’s pretty clear that NEVS aims to have a deal done within 5 weeks and therefore asks the court to accept a reconstruction and not […]
To create more time for negotiations Nevs applies for reorganization
The Board of Directors of National Electric Vehicle Sweden AB has today, August 28, 2014, decided to apply for a reorganization to create more […]
I just wanted to let you guys know that me and Jörgen from the SU Crew have launched a swedish BMW blog which we’re keeping as a nice little side project to SU. As many of you probably have understood the two of us are on our way to BMW as our daily driver but regardless what we drive in while going to work, the heart still remains firmly attached…[Read more]
Today NEVS showed its electric 9-3 EV-1 for the first time, Jukka Rokka, was kind enough to send us some photos of the car. If you look closely you’ll also see the new Infotainment system mounted into the dash. Clearly a touch-screen system which I intend to find out more about! Enjoy! =)
PRESS RELEASE FROM…[Read more]
Yesterday a petition for bankruptcy was filed by a supplier of test equipment in Gothenburg towards NEVS, ironically as most of us now know, the whole issue was handled by a consultant agency which deals with unpaid bills, the whole thing was a routine issue for them and they were simply following procedure. However in this case the procedure was…[Read more]
Tim wrote a new post, The rumors are flying around regarding the brand name… 1 month, 1 week ago
In bad times the rumors about a brand are more frequent than during good times. One such reason is that people like to talk… For us here at SU, sorting out the somewhat true rumors from those who are complete garbage has always been a tough job that has take a lot of our time. These days the rumors are not as frequent as when Victor ran the…[Read more]
till72 wrote a new post, Special RHD Offer: Hirsch Carbon Dashboard 9-5 -05 1 month, 1 week ago
We all know that Mahindra was a bidder for the bankruptcy estate of Saab Automobile AB back in 2012 and that they left the negotiating table due to the high price of what was then more or less a mandatory part of the sale: Saab Automobile Parts AB. After Mahindra left it became clear to the lawyers managing the bankruptcy that the parts…[Read more]
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