Well, not Saab as we recognise it and not with the Saab name. So, the headline is a bit misleading.
NEVS who own the assets of Saab are going to supply lots and lots of electric cars based on the dead-then-not-dead Saab 9-3 body. You can read the statement here. This is the first paragraph: ” National Electric Vehicle Sweden (Nevs) and the Chinese company Panda New Energy Co Ltd. have signed a strategic collaboration agreement. According to the agreement, Nevs will provide Panda with 150,000 9-3 sedan electric vehicles until the end of 2020. In addition, the agreement also includes 100 000 other EV products and services from companies associated to Nevs and its owners. The total value of the agreement is 78 billion RMB.”
That’s about 37,500 cars a year if sales start in 2016. Panda New Energy specialise in leased, chauffeured cars so that means that these 9-3-based vehicles will be functioning as urban runabouts where the range limitations of an electric battery pack in a palaeolithic chassis will not be such a problem.
This is good news for the people of Trollhattan and also very good news for all those owners of Saab 9-3s who now have the supply of most replacement parts assured in perpetuity. It’s a shame this didn’t happen to the Citroen XM. I badly need a new pinion valve. It’s also good news for anyone at Volkswagen who badly needs a new job, few questions asked. Here is a massive list of open jobs at NEV. Perhaps experience with diesel engines might not be much help.