For a company that we're not even sure has a working prototype, National Electric Vehicle Sweden sure is signing quite a few deals to sell a whole lot of cars in the future.
NEVS, the company that bought bankrupt Saab to bring it back to life as an electric car company, has with Chinese aerospace company Volinco to supply it with 20,000 electric Saab 9-3s. Volinco intends to use the cars as company vehicles for its employees, and NEVS expects to deliver the cars over the course of three years, starting in 2017.
This latest agreement comes after NEVS signed a $12 billion deal late last year to deliver 150,000 electric Saab 9-3s to the Chinese company Panda New Energy.
, however, is that NEVS will also get access to Volinco's parts suppliers. The electric car startup still hasn't sourced the parts for future models it has planned, making this deal a step towards NEVS's long-term goal of being fully operational by 2020.
For now, even though the company plans to do , it appears the vast majority of the work will be done in China. And if you were hoping to get your hands on a new Saab, if you don't live in China, it appears you'll be out of luck for quite a while.