http://ttela.se/ekonomi/saab/1.3161988- ... -dramatik-" onclick="window.open(this.href);return false;
Saab has signed a new contract with a big carmaker / Saab heeft een nieuwe partner een grote autofabrikant :
In swedish
http://www.saabcars.com/sv/news/F29115F4FC10E67A" onclick="window.open(this.href);return false;
Translated to English:
Status update from Nevs
Nevs prepares a covered investment efforts to develop new products from Phoenix plafttformen . This action will be done in cooperation with other global vehicle manufacturers. Partly to share development costs and partly to lower component costs as larger volumes and greater buying power means .
Nevs has signed a framework agreement with a major automotive manufacturer to initiate cooperation on technological development of the Phoenix architecture into a platform for new car models. Additionally negotiating Nevs with another vehicle manufacturers to enter as a partner in Nevs for adding more resources in order to develop the Saab car into a global premium brand . These collaborations will help secure Nevs financially and in terms of development in the long term and also Nevs opportunity for the production and distribution of important future markets .
In the spring , the company got into a situation with a beginning balance of cash , to a current situation today to not have sufficient liquid assets to pay outstanding debts. Nevs assets exceed the liabilities , however . The Company is currently reviewing the possibility of using short-term credits and cost bridging time until a longer term financing. Nevs expect this to come into place in the near future.
The reason is that Nevs partner Qingbo Investment Co. . Ltd. . in the city of Qingdao, has not fulfilled its commitment to the needs of finance Nevs business. As a result of this, Nevs main shareholder National Modern Energy Holdings Ltd. . ( NME ) suspended the finance operations on their own by capitalizing the assets of the Group in China. This has taken time and has not been on par with Nevs expenditure flow . Until today, NME brought over some three billion to Trollhättan.
Nevs therefore makes a temporary and controlled stop of production , hitherto six cars per day , and reduce agency staff in technology development . This is both to reduce costs and to investment in the new platform and its products are sold along with Nevs new partner companies
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