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NEVS delivers first batch of 9-3 EVs for institutional buyers, eyes March delivery start for private buyers

TIANJIN – National Electric Vehicle Sweden (NEVS) delivered the first batch of its 9-3 electric vehicles on December 29 to institutionabuyers, more than a year after production began at the Tianjin production facility of the joint venture Chinese smart EV startup.

“The first batch of 500 9-3s is being delivered to institutional buyers from government procurement projects and ride-hailing operators and we expect to begin deliveries to individual buyers in March,” said Tang Lin, vice president of NEVS and head of NEVS Sales. “Customers that pre-ordered the vehicles via the JD.com e-commerce channel will enjoy priority delivery.”

The company received more than 8,000 orders for the 9-3 during the “Double 11” shopping festival last November through its flagship online store on JD.com.

The 9-3 is based on Saab’s Phoenix E vehicle platform, part of the main assets of the Swedish automaker bankruptcy estates acquired by NEVS in 2012. The company has been mainly owned by NME Holdings Ltd., Tianjin Bin Hai Hi-tech Industrial Development Area (THT) and State Research Information Technology Co., Ltd. (SRIT).

On December 5, 2017, the 9-3 rolled off the production line at NEVS’ Tianjin facility, where installed annual product capacity is 50,000 EVs in Phase I and 220,000 EVs after Phase II is completed. In June 2015, National New Energy Vehicle Co., Ltd. was founded in Tianjin Binhai High-tech Industrial Area with registered capital of ¥2.4 billion and total project investment of ¥4.2 billion.

NEVS’ head office and main R&D facilities are located in Trollhättan, Sweden, with a second production plant and R&D Center under construction in Shanghai.

In January 2017, the Chinese government approved NEVS’ application to start production of EVs in its manufacturing plant in Tianjin, becoming the first JV with investors from outside China that has been granted a new energy passenger vehicle project investment approval by the National Development and Reform Commission (NDRC). It is also working with Didi Chuxing, the world’s leading mobile transportation platform, to develop EVs fully optimized for mobility services.

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