Chinese backing supports Saab focus eastward

Saab’s new owner National Electric Vehicle Sweden (NEVS) has signed a major new alliance deal with Chinese investment company Qingdao Qingbo Investment. Through Qingdao Qingbo Investment, the City of Qingdao in China’s Shandong province will acquire an initial 22% stake in Saab for SEK 2bn (US$305m). Additional investments are planned Subscribe to Automotive World to … Continued

Saab’s new owner National Electric Vehicle Sweden (NEVS) has signed a major new alliance deal with Chinese investment company Qingdao Qingbo Investment. Through Qingdao Qingbo Investment, the City of Qingdao in China’s Shandong province will acquire an initial 22% stake in Saab for SEK 2bn (US$305m). Additional investments are planned

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https://www.automotiveworld.com/articles/chinese-backing-supports-saab-focus-eastward/

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