World Green Summit

June 14, 2012 (via guardian.co.uk) Saab is to be reborn as an electric car manufacturer focused on China under rescue plans drawn up by a Chinese-born entrepreneur.

One of Scandinavia’s best known industrial brands is being bought out of bankruptcy by National Electric Vehicle Sweden. Kai Johan Jiang, the chief executive and main owner of NEVS, said the purchase of Saab heralded a “new era” in the car industry. He added: “Marketing and sales will be global but initially we will focus on China. It’s there we see the biggest market for electric cars.”  Continue Reading >>

 

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