Didi is no minor player

Several Swedish news outlets like SvD or Sverige Radio are talking about a letter of intent signed by Didi Chuxing and NEVS yesterday in Beijing with the presence of the Swedish Prime Minister Löfven. It would have been nice if the Swedish PM of those days would also have shown his endorsement some years ago.

There is no official information about the contents of ther letter, but Didi should become a big shareholder of NEVS, where big is smaller than 51%.

Didi has also placed an order over some thousand cars at NEVS.

Didi is no small player, it is currently worth US$ 35 billion after acquiring Uber China. It is also an interesting company to invest into. One of the companies that have invested into Didi is Apple with US$ 1 billion, another investor is the Chinese Alibaba, wich is the Chinese version of eBay.

Is this good? Yes, it is as NEVS noticed that they will need more money to get all those cars on the road. But the Center of gravity moves further to China. Mr Bergman says that this will have no influence on Trollhätan as development center and production facility for NEVS but as always at NEVS nothing is for sure as long as it hasn’t already happened.

2017 SAAB Museum Festival, a recap.

The festival was worth going there, not only because of the cars and the talks with other “saabisti”, but because you learn lots of things of the past and maybe the future.

For example, by checking the VIN of the very last 9-5 wagon in the museum I’ve learned that my car “Redna” is one of the last 20 cars with the 2.3L engine. The ones with the 2.0L engine have a different serial number.

Redna. Credits: RedJ

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The last day of the 2017 Saabmuseum festival.

It feels a little bit melancholic to write about the last day, as I could also write about the third day of the festival, but today was a gray day, and not only because the sky had just that colour.

After two days of meeting people you haven’t seen for a long tima a having great talks with them about our beloved cars and how the future could turn out, today was the day for good byes, but I prefer to say see you at the next festival .

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Todays main event was the flee market.

Saabmuseum festival fleemarket. Photo: RedJ

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It was a long day…

…at least for me, but maybe also for the guys at NEVS. Today they had their first public exposure, and from what I’ve seen and read, it looks like they have managed it quite well.

NEVS booth. Credits: NEVS

On the booth you had on the one side the cars in a more traditional way, in the form of the 9-3 and the 9-3X, but in the center you had, what they think it is the future for the urban mobility, the InMotion Concept. Yes it has a capital I and a capital M.

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CES Asia is about to start

And the preparations at the NEVS booth are going forward.

Opportunities in motion in the making! Tomorrow we'll reveal the future of mobility. Keep an eye out for more updates! #NEVS #OpportunitiesInMotion #cesasia

A post shared by NEVS (@nevsofficial) on Jun 6, 2017 at 5:06am PDT

NEVS will be together with BMW, Volvo, Honda , Hyunday and Merceds-Benz in the same hall.

Tomorrow will be a stressful day, but I’ll try to publish things as they happen.

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