Sweden’s District Court of Vänersborg, has approved an extension of National Electric Vehicle Sweden’s (NEVS) reorganisation for a further three months to 29 May.

Last month, NEVS said said it could settle debts with 469 of its 573 creditors in a ‘composition’ arrangement that could see the remainder paid half of what they are owed.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

NEVS is currently engaged in a complex series of negotiations with an unnamed potential future investor – although talks are dragging surrounding any use of the Saab name – while the current owner – National Modern Energy Holdings (NMEH) – is looking to extricate the Swedish automaker from its current predicament.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact