New NEVS partner named- DongFeng

Logo copyright DongFeng Motor Corporation
Logo copyright DongFeng Motor Corporation

Updated with official Press Release

New NEVS partnership

The Swedish summer holidays are over and people at NEVS have begun to “man the stations”.

Following on from the 11 O´clock call to a media briefing at NEVS in Trollhättan where company CEO Mattias Bergman is to inform the media (and the rest of us) of a:

new long term strategic partnership regarding vehicle development, purchase and distribution

Saabtala now know that this new partner is Chinese Giant DongFeng Motor Corporation.

The deal was signed earlier today in Beijing. Kai Johan and Chinese Party Ministers present.
A deal regarding development was signed in July but has now widened to include the Awesome Purchasing powers of DongFeng. Combined this all makes for a much better margin on future and existing vehicles for NEVS.

In 2014 DongFeng – with its many partnerships- manufactured almost 4 million vehicles…!

  • Dongfeng Honda
  • Dongfeng Nissan
  • Dongfeng Peugeot-Citroën
  • Dongfeng Renault
  • Dongfeng Yueda Kia
  • Dongfeng Yulon
  • Dongvo (Hangzhou) Truck Company

Add to this a joint venture with American Cummings Truck Diesel engines.

DongFeng also manufacture vehicles under their own flag

  • Dongfeng – mini cars, pick-up trucks
  • Dongfeng Bus – buses and coaches
  • Dongfeng Fengxing – MPVs
  • Dongfeng U-Vane – light commercial vehicles
  • Fengshen – passenger cars
Fengshen A30 CUV
Fengshen A30 CUV

NEVS Press Release at Saabcars.com can be found HERE

Nevs and Dongfeng tie-up for long-term strategic cooperation

Nevs and Dongfeng tie-up for long-term strategic cooperation

National Electric Vehicle Sweden AB (Nevs) and Dongfeng Motor Corporation (Dongfeng) signed a strategic cooperation agreement on August 17, 2015 to achieve global industrial synergies.

Since July 2015, Nevs has started working with Dongfeng on complete vehicle development projects to enhance Dongfeng’s technical strength and improve Nevs’ own development capability. Now both parties have agreed to expand their cooperation from technical development to further business areas such as global purchasing and distribution network.

Dongfeng has formed several strategic long term partnerships with other international major car manufacturers including AB Volvo and as a 14 percent shareholder of PSA. Dongfeng Motor, with several JVs in China including Peugeot, Citroën, Renault, Nissan, Infinity, Honda and Kia, is one of the world’s largest automobile companies, with an annual output over 3.83 million units in 2014 and 1.83 million in the first half of 2015. A long-term and stable alliance with Dongfeng is of great significance for Nevs to achieve its business opportunity.

According to the agreement, Dongfeng will support Nevs on the construction of new energy vehicles production and R&D in Tianjin and the formation of Nevs’ sales and service with support from Dongfeng’s dealer network. Dongfeng will also support Nevs to achieve the new energy vehicle mass production.

Nevs will support Dongfeng on their own brands to meet regulations and technical specifications of overseas markets, and assist DFM to develop important markets in Europe and North America.

“Dongfeng is one of the leading vehicle company groups in the world. Through this cooperation, Nevs’ will be able to create industrial synergies, share the development costs, expand the supplier bases and increase the overall competitiveness for our own future products. This cooperation is one of the steps for Nevs to become a front-runner in the automotive industry, with focus on electric vehicles” said Mr. Mattias Bergman, President, Nevs.

DFM Brief Introduction

Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province. As of December 2014, DFM had in total approximately 176 000 full-time employees.

DFM is connected with a variety of international OEMs and produces a wide range of foreign products in China including those of Peugeot, Citroën, Renault, Honda, Kia, Nissan and Infinity. The total output in 2014 was 3.83 million units with revenue of 483 billion RMB.

In 2012 DFM acquired 70% of T engineering, a Trollhättan based engineering company and a spin off from Saab Automobile Powertrain, as their first R&D center overseas.

In 2014, DFG became the 14% shareholder of PSA Peugeot Citroën.

DFM is listed as no.113 in the world on Fortune 500.

 

 

 


On another note:

Our thoughts go to all those that have lost someone in the horrific disaster in Tianjin.
I can inform you all that none in the small troop  of 10 NEVS employees in Tianjin were hurt. Building of the factory will commence as planned.


 

9 thoughts on “New NEVS partner named- DongFeng

    1. Not a clue I´m afraid. Thing is, it might be there is no need for a New Majority owner at this point. Money is there and development of new cars are rolling along.

      Cheers/Tom

      1. I’m afraid if no change in ownership it Will be the end of SAAB. And NEVS Will produce car in China and maybe for China from THN….sad

        1. I’m pretty confident we’ll see a positive outcome regarding both production in Troll and the issue of the name regardless of a new owner or not.

          In fact, we are getting really close to some Very interesting pieces of information being handed to us by NEVS management.
          Mattias Bergman has disclosed in interviews that a revised Business plan AND MODEL RANGE will be presented very very soon. That is Truly exciting! … And just what the doctor ordered.

          Cheers/Tom

          1. I sure hope you are right Tom. I’m actually quite enamored with NEVS push for electric vehicles. But I would not even consider getting one without the Saab name attached. Even then it is not a forgone conclusion. The product has to be worthy of the name. As it stands now I will be moving over to Tesla as soon as the finances allow. Just purchased a 2004 9-5 Aero wagon a couple weeks ago. I plan for this to be the last ICE vehicle I buy ever again.

  1. This is good news, even thou this partner has been named a few times.
    If this is the final partner it means that Kai Johan is in the games still.
    The stubbornness and the will is a very good sign. Almost as we saabers is used to. But nevs doesn’t need to take the fight with its owner, the owner fight with the company. As with spyker, a good thing!
    But the approach this time us very different than with Spyker.

    A combination if the will of Victor, but with the silent communication from the Wallenberg. “Let the work speak for it self”

    Me like!

    1. @Saabluster

      I understand your concern.
      I believe most of us feel that new products bearing the Saab brand name should be on par with the best of the best.
      Quite frankly I doo believe that Saab haven´t got any intention of licensing their brand name to a company that will only build yet another Mitsubishi/PSA EV or Renault EV type vehicle.

      NEVS has made it Very clear that the next generation cars from Trollhättan will be true Premium vehicles…. and that is something I am certain SAAB AB will be ok with.

      NEVS has got the Financial backing and resources in the form of not only Chinese technology companies but also most of the Engineers from the Saab Automobile days.
      An example of Engineering resources is T Engineering (Owned by Dongfeng) based in Trollhättan. The founding Engineers come from the former Saab Automobile and deal in among other things ECU´s. These guys know loads of stuff about engine and battery management and they Really and Utterly know how a Saab should perform.

      Many people say NEVS lost all their engineering knowhow with the Saab Automobile bankruptcy… That is Not true. Many of these Engineers are either already back now working for NEVS, they work for Engineering companies close to the factory, some even (like T Engineering) test their products at NEVS Tech Facilities and others are only a phone call away.

      I am certain there will be Saabs made in Trollhättan again, worthy of the brand name.

      Cheers/Tom

  2. I’m getting some of my optimism back. And I start to belive I will be able to buy my next car from the trolls!
    Can we hope for a modell between ng9-5 and NEVS 9-3?
    As it happens, a og9-5 in size!
    Make it fun, all electric and very safe. The range has to be good for my needs.

    But, I’m all in, again ifthey so succed to show me a good car.

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