Electric Saab Emily GT May Get Second Life Under New Investors

Chris Teague
by Chris Teague

Saab hasn’t been a thing in several years, but the funky Swedish cars still have a significant enthusiast following. After the company went defunct in 2016, its assets were eventually picked up by a company called New Electric Vehicle Sweden (NEVS). A Chinese company purchased the new entity and faced bankruptcy before a group of investors stepped in to save it, which  could revive plans for a new 600-mile EV.

NEVS’ owner, Evergrande Group, was heading for financial ruin, leading NEVS to announce that it would enter a sort of hibernation mode and cut 95 percent of its jobs. Before it did, the group showed off its new car, the Emily GT, which has an impressive 175-kWh battery. The strange move was meant to attract investment dollars to keep the project going, and it appears the team was successful.  

The mysterious newly formed company plans to start car production, though it might use the Saab name for legal reasons. Despite that, it’s almost immediately recognizable as a Saab, wearing the brand’s quirky shape. 

Though this is an interesting development and good news for Saab fans, it’s not the first EV to wear the company name. NEVS produced several electric Saab 9-3 sedans a few years back but didn’t take it to serial production.

[Image: NEVS]

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Chris Teague
Chris Teague

Chris grew up in, under, and around cars, but took the long way around to becoming an automotive writer. After a career in technology consulting and a trip through business school, Chris began writing about the automotive industry as a way to reconnect with his passion and get behind the wheel of a new car every week. He focuses on taking complex industry stories and making them digestible by any reader. Just don’t expect him to stay away from high-mileage Porsches.

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4 of 17 comments
  • Tassos Tassos on Jul 25, 2023

    This design looks like a camel, ie, a horse designed by a committee.

  • Wolfwagen Wolfwagen on Jul 25, 2023

    GM should burn in hell for what it did to Saab

  • Jim65716105 Jim65716105 on Jul 25, 2023

    If u have 75 % more range then how about the added weight of the battery.

    Not as simple as a bigger fuel tank.

    There are batteries for Tractor semis.

    Just the charging time is lots longer . I am saying it wont work. So many sales brochures looking real good on paper.

  • User User on Jan 27, 2024

    Mr Razaghi and Mr Pandian hail from Sweden and UK respectively. The former is as Swedish as, well, IKEA while the latter is as English as Canterbury Cathedral and Stilton. So who's the clown? Guess it must be the one making uninformed statements!

    Und Herr Wolfwagen: bin mit dich..wo ist das Feuer für das scheiße gm bereits? Gerne lege ich den ersten Fackel!