SAAB Concept Receives New Owners

Former engineers from the bankrupt automaker SAAB developed the revolutionary electric car Emily GT, but the NEVS brand, which owned the rights to the car, found itself in a difficult financial situation. Now the project has been saved by a Canadian startup, and they plan to put it into production, but the SAAB name will not be returned.

An innovative electric car with a claimed range of 1,000 km, created by former Saab engineers — with funds from the company that bought the remains of Saab ten years ago — is one step closer to series production.

National Electric Vehicle Sweden (NEVS), the company that once bought out SAAB, is now itself in a difficult situation.. Reports in March 2023 suggested that National Electric Vehicle Sweden (NEVS) was close to bankruptcy, having laid off 320 of its 340 employees.

The rights to the Emily GT project were bought by the Canadian startup EV Electra. The company says it plans to fulfill NEVS's ambitions to produce the Emily GT at the former Saab plant in Trollhättan, Sweden, as it expands its production capacity beyond its facility in Turkey.

However, the Canadian firm has confirmed that the car will not wear the iconic Saab badge, but will instead opt for the «EV Electra Emily GT» name.

Before selling the rights to the project, NEVS claimed that the Emily GT could travel 1000 km from a 52 kWh battery and an integrated 361 kW motor and accelerate to 100 km/h in 4.6 seconds. A high-performance version with record acceleration rates was also discussed. The car has a fast-paced and very unusual design with original and innovative design solutions.

There were rumors that the car would be designed for 6 passengers, including the driver.. However, there is still very little accurate information about the electric car.. Currently there are only 6 prototypes of the Emily GT in various stages of completion.. It is also unknown when mass production of the model will begin.