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Saab Auto's New Owner to Launch an EV based on the 9-3 by Early 2014, will Initially Focus in China

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Saab, the Swedish car brand that just refuses to die, will have a new pure-electric model based on the underpinnings of the 9-3 on the market by the end of 2013 or early 2014, according to the company's new owner, National Electric Vehicle Sweden AB (NEVS).

NEVS was specifically established by a consortium formed by Japanese, Swedish and Chinese stakeholders to acquire Saab assets including Saab Property AB, which owns the company's production facility in Trollhattan and Saab Powertrain AB.

It also owns some rights to the 9-3 and the company's incomplete Phoenix platform architecture but not the 9-5 sedan/station wagon and the 9-4x crossover that remain the intellectual property of General Motors.

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