According to DI: M&M could build petrol Saab cars is the only source of this piece of News, so don’t get too excited about it, but this could be the missing link in the whole NEVS story.

Saab’s new major shareholder Kai Johan Jiang said at Wednesday’s press conference that the owner company Nevs secured financing of 7 billion Crowns to manufacture and develop electric cars.

7 billion Crowns are about 997 Million USD, so it is a big amount of money. But it won’t last forever, so they will have to sell cars to keep Saab afloat, and maybe they won’t be able to sell enough EV’s

Read moreAccording to DI: M&M could build petrol Saab cars

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