Introduction:
The Saab legacy continues under the NEVS banner and Emily GT model name, with new developments keeping enthusiasts and industry watchers intrigued about the future. Recent acquisitions and plans by NEVS and a new investor have shed light on the potential direction of the brand and its products. As the story unfolds, there is much anticipation about the revival and evolution of the Saab lineage.
Last year, Swedish company Stenhaga Invest purchased a majority stake in the Stallbacka factory and office complex in Trollhattan, where Saab used to produce its cars. This acquisition has set the stage for new developments within the company, with NEVS retaining a portion of the facility. Additionally, an unknown European investor has expressed interest in acquiring two of NEVS’ transport projects, namely the Emily GT and the PONS autonomous shuttle. These acquisitions signal a potential resurgence of Saab’s presence in the automotive market.
The undisclosed European investor is revealed to be Middle Eastern company EV Electra, led by CEO Jihad Mohammed. With headquarters in Ontario and operations in multiple European countries, EV Electra has been making strategic moves to establish a foothold in the automotive industry. Despite failed negotiations with Stenhaga for space in Trollhattan, EV Electra acquired a factory in Italy, hinting at future production plans. The company’s electric sports car, the Quds Nostrum, may find a home in Italy, alongside other upcoming models.
CEO Jihad Mohammed has outlined plans to commence production of the Emily GT within the current year, showcasing the company’s commitment to delivering innovative electric vehicles. The Emily GT boasts impressive specifications, including a 175-kW battery, active air suspension, and four in-wheel motors producing a total of 484 horsepower. A performance variant is also in the works, with the potential to reach 653 horsepower and accelerate from 0 to 62 miles per hour in just 3.2 seconds. Lower trim options with varying battery capacities are rumored to be part of the lineup.
While the Emily GT is set to enter production soon, the PONS autonomous shuttle project is expected to require additional time and resources before becoming a reality. The autonomous shuttle market is evolving rapidly, with competitors like Rimac’s Project3 slated for launch in the near future. As technology advances and consumer preferences shift towards autonomous solutions, NEVS and EV Electra will need to navigate these trends to stay relevant and competitive.
The future of the Saab lineage under NEVS and the Emily GT model name holds promise for revitalizing the once iconic brand. With strategic acquisitions, expansion plans, and upcoming product launches, NEVS and EV Electra are positioning themselves for success in the electric vehicle market. As the automotive industry continues to evolve, the legacy of Saab lives on through innovative solutions and a dedication to excellence. Stay tuned for further updates on the Emily GT and future developments from NEVS and EV Electra.