Chinese property developer Evergrande has acquired 51% of shares of NEVS (National Electric Vehicle Sweden) in a bid to help the smart car firm develop green mobility solutions.
Evergrande’s business covers technology, real estate, health and cultural tourism.
The deal is expected to help NEVS develop a second car manufacturing plant in Shanghai which will be used to develop electric vehicles and transport solutions.
Currently, NEVS has a manufacturing plant in Tianjin, China, and Trollhättan, Sweden
January 22, 2019
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Chinese property developer Evergrande has acquired 51% of shares of NEVS (National Electric Vehicle Sweden) in a bid to help the smart car firm develop green mobility solutions.
Evergrande’s business covers technology, real estate, health and cultural tourism.
The deal is expected to help NEVS develop a second car manufacturing plant in Shanghai which will be used to develop electric vehicles and transport solutions.
Currently, NEVS has a manufacturing plant in Tianjin, China, and Trollhättan, Sweden.
National Modern Energy Holding, a company owned by the founder of NEVS Kai Johan Jiang, will have the remaining 49% of the shares.
In September 2018, NEVS began utilising Phantom Auto’s %$Linker: 2External<?xml version="1.0" encoding="utf-16"?><dictionary />000link-external teleoperation falsehttp://www.itsinternational.com/sections/general/products/nevs-utilises-phantom-auto-technology-to-improve-av-safety/falsefalse%>system to help improve safety for passengers in its electric autonomous vehicles.
Scooter-share firm Bird is to acquire Scoot, a San Francisco-based electric vehicle (EV) company.
Scoot began deploying electric scooters in San Francisco in 2012 and has expanded in Santiago, Chile and Barcelona.
Travis VanderZanden, founder and CEO of Bird says the partnership will work toward replacing “car trips with micro mobility options for all”.
Scoot will continue to operate under the same name but as a subsidiary of Bird.
BYD has delivered five electric C6 buses to the Ministry of Culture, Tourism and Civil Aviation in Kathmandu to help improve air quality in Nepal. The buses will operate in Lumbini, a Buddhist pilgrimage and UNESCO (United Nations Educational, Scientific and Cultural Organisation) world heritage site. This deployment is part of a wider initiative from the Nepalese government to replace 1,000 taxis in Kathmandu Valley, as well as school buses, with electric vehicles. Last month, BYD also delivered 12