National Electric Vehicle Sweden AB,abbreviated as
Nevs, is a
Swedish holding company, which has acquired the assets of
Saab Automobile AB, Saab Automobile Powertrain AB, and Saab Automobile Tools AB from a bankruptcy estate. Nevs is majority owned by
British Virgin Islands-registered,
Hong Kong-based,
National Modern Energy Holdings Ltd., an energy company with operations in
China,
Macau, and Hong Kong.