General World News

A rebranded Saab at the center of China's green car push

BEIJING (Reuters) – The Swedish automaker once known as Saab has emerged as part of China’s push to make electric vehicles a mass-market alternative to petrol cars, after getting a $12 billion order for EVs. Chinese-owned National Electric Vehicle Sweden (NEVS) – the company that acquired Saab’s assets, though not its name – said it received an order for 250,000 EVs in December from a little known Chinese company. The size of the deal — and the sketchy information about the companies invol

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Source : Reuters