Nevs and Dongfeng tie-up for long-term strategic cooperation

National Electric Vehicle Sweden AB (Nevs) and Dongfeng Motor Corporation (Dongfeng) signed a strategic cooperation agreement on August 17, 2015 to achieve global industrial synergies.

NEVS - National Electric Vehicle Sweden AB
NEVS – National Electric Vehicle Sweden AB

Since July 2015, Nevs has started working with Dongfeng on complete vehicle development projects to enhance Dongfeng’s technical strength and improve Nevs’ own development capability. Now both parties have agreed to expand their cooperation from technical development to further business areas such as global purchasing and distribution network.

Dongfeng has formed several strategic long term partnerships with other international major car manufacturers including AB Volvo and as a 14 percent shareholder of PSA. Dongfeng Motor, with several JVs in China including Peugeot, Citroën, Renault, Nissan, Infinity, Honda and Kia, is one of the world’s largest automobile companies, with an annual output over 3.83 million units in 2014 and 1.83 million in the first half of 2015. A long-term and stable alliance with Dongfeng is of great significance for Nevs to achieve its business opportunity.

According to the agreement, Dongfeng will support Nevs on the construction of new energy vehicles production and R&D in Tianjin and the formation of Nevs’ sales and service with support from Dongfeng’s dealer network. Dongfeng will also support Nevs to achieve the new energy vehicle mass production.

Nevs will support Dongfeng on their own brands to meet regulations and technical specifications of overseas markets, and assist DFM to develop important markets in Europe and North America.

“Dongfeng is one of the leading vehicle company groups in the world. Through this cooperation, Nevs’ will be able to create industrial synergies, share the development costs, expand the supplier bases and increase the overall competitiveness for our own future products. This cooperation is one of the steps for Nevs to become a front-runner in the automotive industry, with focus on electric vehicles” said Mr. Mattias Bergman, President, Nevs.

DFM Brief Introduction

Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province. As of December 2014, DFM had in total approximately 176 000 full-time employees.

DFM is connected with a variety of international OEMs and produces a wide range of foreign products in China including those of Peugeot, Citroën, Renault, Honda, Kia, Nissan and Infinity. The total output in 2014 was 3.83 million units with revenue of 483 billion RMB.

In 2012 DFM acquired 70% of T engineering, a Trollhättan based engineering company and a spin off from Saab Automobile Powertrain, as their first R&D center overseas.

In 2014, DFG became the 14% shareholder of PSA Peugeot Citroën.

DFM is listed as no.113 in the world on Fortune 500.

20 Gedanken zu „Nevs and Dongfeng tie-up for long-term strategic cooperation

    • It has obviously nothing to do with SAAB. So instead of the Phoenix the SAABYONG-Dragon is expected to be in the pipeline.

      • not even mentioning the word Saab itself is not a good sign. I hope i’m wrong.

  • Good luck Dongfeng and NEVS,
    but I don´t think they will be successful outside of China.

  • Elektro Mobilität finde ich nicht schlecht, Ob es gelingt ist fraglich zumindest hier in Deutschland, daher denke ich der Saab Zug ist abgefahren. Schade

  • Hm,think Dongfeng is a good partner for Saab but the problem is for me general NEVS…

  • Well, of all Chinese so-called automakers, Dongfeng at least is a big player. I think it is a very good partner for NEVS. What does that mean for Saab’s resurrection? Time will tell…

  • Pingback:eSaab a New Swedish Electric car - Page 3

  • For me it is absolutely clear now. This is the end of Saab Automobile like we know and love them since many many years. Also I’m sure that they won’t get the rights for the name SAAB

  • Klar wie immer alles nur auf englisch.

  • Chinese try to get a foot an the european continent… but saab is far, far away from all of that.

  • Sounds not good for new SAAB cars, it will be only know how transfer from Trollhattan to China.

    • What should be transfered from T to C? Any assets NEVS had are already sold so regardless if it is a chinese firm or another NEVS will be a minor partner and a know how transfer is needed to go backwards to T.
      But the question is: does that have anything to do with SAAB (as we know it)? I’m afraid it has not. It’s necessary for the investor’s survival and ok but not the answer for moblity needs of current SAAB drivers.

  • Dongfeng ist auch ein Rüstungskonzern, wie Saab eigentlich auch. Deshalb auch der Staatsbesitz von Dongfeng. Entweder läuft es auf eine Kooperation hinaus; dann wäre der Label Saab für die unter NEVS gebauten Autos ein Verhandlungselement für zukünftige gemeinsame Projekte von Dongfeng und SAAB oder die beiden Rüstungskonzerne bleiben Konkorenten; dann war’s das mit dem Namen SAAB für die NEVS-Autos.

    • Dongfeng & Saab AB stehen im Wettbewerb. Eine Kooperation schließe ich aus…

  • ok. Schade… wir werden wohl nie wieder einen neuen Saab sehen. Ich frage mich wie es sein kann, dass die Seite von Nevs immer noch so heisst… sicherlich nicht mehr lange.

    no happy end…

    • Wir werden sehen. Ich gehe zwar von keiner positiven Überraschung mehr aus, warte aber auf den Geschäftsplan den NEVS im Herbst vorstellen wird. Dann wird wohl Klarheit sein, so oder so.

      Mehr Hintergründe (spannend) zum Thema NEVS-Dongfeng kommen gleich auf dem Blog 🙂

  • The end… Saab AB never ever will give the licence to DONGFENG-NEVS. Sad days.

  • They are only partners not the new secret owner that will be revealed early autumn?

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