National Electric Vehicle Sweden (NEVS), says today’s (8 October) meeting to discuss the company’s reorganisation, will see administrator, Lars Eric Gustafsson, propose the situation continue until 29 November this year.
The administrator has sent a preliminary reorganisation plan to all creditors.
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“The plan shows Nevs main track is to finalise the negotiations with two [unnamed] Asian automotive manufacturers, in which several progresses have been accomplished during the last week,” said a NEVS statement.
“As an addition to the main track, Nevs prepares an alternative action with the potential to become a leading contract manufacturer and development partner to other manufacturers, which the two parties that Nevs are negotiating with think is positive.
“This will in that case be done by using the company’s facility also to produce for external customers.”
Last month, NEVS laid off 200 staff due to lack of work.
