NEVS, the company that now holds the Saab legacy, has been making headlines with its latest development, the Emily GT. However, there is more to this story than meets the eye.
Last year, Stenhaga Invest, a Swedish company, acquired 80% of the Stallbacka factory where Saab used to build its cars. This purchase has piqued the interest of an unnamed European investor who wants to control a substantial area of the Trollhattan facilities and create job opportunities. This investor is actually EV Electra, a Middle Eastern company based in Canada, led by CEO Jihad Mohammed.
EV Electra had initially attempted to strike a deal with Stenhaga to keep Saab Swedish, but unfortunately, an agreement couldn’t be reached. As a result, EV Electra acquired a factory in Italy without disclosing specific details about its location or the type of cars that will be produced there. It’s worth noting that EV Electra has been promoting its Quds Nostrum electric sports car even before acquiring the Emily GT and PONS projects.
In a LinkedIn post, Mohammed hinted at multiple acquisitions that have taken place in the past two months, with one more set to happen soon. This suggests that EV Electra has an array of models in its lineup, and there is much anticipation surrounding their upcoming press release which will shed more light on their plans.
While the Emily GT is expected to hit production lines this year, it is unlikely to be one of the models showcased in June. Mohammed has announced that they will be unveiling versions of their electric vehicles in June, with deliveries scheduled for August and designated as “2025 models.” This leaves room for speculation regarding what these models might be.
On the other hand, the PONS project, an autonomous shuttle, will likely take a few more years to become a reality. The development and infrastructure required for autonomous shuttles are extensive and time-consuming. The industry is also eagerly awaiting the launch of Rimac’s Project3 autonomous shuttle later this summer, which could further enhance the landscape.
As for the Emily GT, initial specifications indicate that it will come with four doors, five seats, a 175-kW battery, active air suspension, and four in-wheel motors producing 121 horsepower each for a total output of 484 hp. The WLTP cycle suggests a range of 621 miles. Additionally, rumors suggest that there may be different trims available, with battery sizes varying between 140 kWh and 105 kWh. Excitingly, there are also mock-ups of coupe, convertible, and wagon versions of the Emily GT.
In conclusion, the Saab legacy lives on under the NEVS banner with the Emily GT as its latest offering. EV Electra’s involvement adds an intriguing twist to the story, and their upcoming press release promises to reveal more details about their plans. With the Emily GT and PONS on the horizon, the future looks promising for NEVS and its vision for electric and autonomous vehicles.