National Electric Vehicles Sweden (NEVS) has unveiled their reorganization plan, ahead of a Meeting of Creditors on October 8th at the District Court of Vänersborg.

National Electric Vehicles Sweden (NEVS) has unveiled their reorganization plan, ahead of a Meeting of Creditors on October 8th at the District Court of Vänersborg.

While the plan is full of numbers and legalize, it does confirm both of the previously mentioned potential partners are Asian based automakers. The companies aren't named in the reorganization plan but the document says "one of the manufactures is especially interested in incorporating the Saab car as a premium brand in its existing vehicle group which would lead to significant investments in the creation of an extensive premium vehicle program based on the company's development resources and intellectual property."

The other vehicle manufacturer is "focused on establishing collaboration in research and development through a joint venture. Such a transaction would mean that one vehicle manufacture acquires part of the shares in the companyand undertakes to keep injecting the funds required for pursuing the business plan that the partiers have jointly developed during the negotiations."

Interestingly, other companies have expressed interest in the production and facility resources in Trollhättan. NEVS says these talks could "result in the sales of all shares in the company or in an agreement on contract manufacturing and development projects."

NEVS says nothing has been finalized but they have made "several achievements" with the Asian manufactures in the last week.

There's also a 'Plan B' which calls for NEVS to continue pursuing the Asian partnerships while setting aside one shift at Trollhättan for contract manufacturing for other automakers.

While NEVS is optimistic, the plan reveals the company posted a net loss of 650 SEK ($89.8 / €71.5 / £56.1) million between January 1st and August 31st.

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NEVS unveils their reorganization plan, confirms partnership talks with Asian automakers