Swadeology

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Dude Buys First Porsche – At 85

I’m not someone recently given to re-hashing marketing press releases, but this one from Porsche Australia caught my eye when it landed in my inbox today. —— South Australian buys first Porsche … at 85 years of age Adelaide’s Olaf Varley decided early this year...

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NEVS Get Reorganisation Approval

Wonders will never cease…… In the interests of completeness: The District court approves Nevs’ application for reorganization The District court of Vänersborg, Sweden, today August 29 approved the application for reorganization from National Electric Vehicle Sweden AB. The District court has appointed Mr. Lars Eric...

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Death In Trollhattan: NEVS Lose Rights To Saab Name

Um. This: It’s Saab AB yesterday morning withdrew the rights of the automaker. This is a result of the attempted reorganization. When the agreement between defense Saab and Nevs signed two years ago included certain conditions, confirms Sebastian Carlsson, Head of Saab AB. One of...

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On NEVS/Saab and Reorganisation Missed

NEVS/Saab petitioned a court in Sweden yesterday to enter ‘reorganisation’ in order to protect assets from the Swedish Enforcement Agency. Their petition was (predictably) denied. As written previously, for a court to approve an application for reorganisation they have to believe a few things. First,...

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Death In Trollhattan: NEVS/Saab into Reorganisation

This press release came out a few hours ago. Thanks to those who forwarded it and left it in comments. —— To create more time for negotiations Nevs applies for reorganization The Board of Directors of National Electric Vehicle Sweden AB has today, August 28,...

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Barn Find: Be Careful What You Wish For

You’ve heard the story, right? A guy buys an old farm. On the old farm there’s an old shed that hasn’t been opened in 30 years. Somehow the family selling the farm just forgot about it (!!). Inside the shed are a bunch of dust-covered,...

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NEVS: We’re Not Dead Yet. We’re Getting Better!

UPDATE!! Pictures and article now at Teknikens Varld. Question: Why is there a pod-style air filter in the engine bay? According to the TV article, the motor is American, it produces around 135hp and the range is around 200km. —— I remember using this exact...

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Death In Trollhattan – Saab and Insolvency

In reaction to yesterday’s negative press about an appointment being made at bankruptcy court, NEVS managed to convince the petitioner to withdraw his claim. That’s good news. NEVS’s anaemic PR division followed this up with a press release: Nevs hereby clarify that the company is...