#SAABAB
Mahindra Buys Majority Stake In NEVS
Ever wondered what Indian curry and Swedish meatballs tasted like together? You will soon enough, thanks to a new deal between National Electric Vehicle Sweden and Mahindra.
Mahindra Seeking Alliances With Global Players
Despite its struggles in its native market — and, perhaps, because of said struggles — Mahindra & Mahindra is seeking to build alliances with a trio of automakers to develop its global presence.
NEVS Gains Creditor Protection, Loses Saab Name
First, National Electric Vehicle Sweden was going to be taken to district court and forced to file bankruptcy. Then, it was spared. Then, it saw its application for creditor protection denied due to being “vague.”
Now? The application has moved forward, but at the price of the Saab name.
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