Saab could be sold to a Swedish manufacturer of electric cars

National Electric Vehicle Sweden is reportedly the lead bidder in the race to buy the assets of the bankrupt Swedish car maker Saab after Youngman, a Chinese company interested in buying Saab, dropped out from the battle.

NEVS was recently founded and is supported by a group of investors from China and Japan.

The company’s shares are owned by a company called Sun Investment, and by Mikael Kubu, the President of Ac-Gruppen, a law firm from Gothenburg.

Swedish journalists tried to find out the identity of the people who support the National Electric Vehicle Sweden, but all they found was their intention to produce electric vehicles.

If NEVS would acquire Saab’s assets, they would be able to apply their plan regarding the production of electric cars if they have sufficient funds.

In this situation, Saab could become a manufacturer of premium cars with electric propulsion.