National Electric Vehicle Sweden (NEVS)

What National Electric Vehicle Sweden (NEVS) does

National Electric Vehicle Sweden (NEVS) is a Sweden-domiciled, privately held industrial services company operating from the former Saab Automobile site at Stallbacka in Trollhättan. Founded in 2012 when Hong Kong-based National Modern Energy Holdings Ltd (Kai Johan Jiang) acquired Saab's bankruptcy estate, NEVS has been 100% owned by China's Evergrande Group since 2020. Following Evergrande's 2023 financial crisis, NEVS was forced into significant downsizing and has repositioned itself away from electric vehicle development (which produced the Emily GT and PONS projects) into a horizontal services company.

The current operating model centers on six service lines delivered from the Stallbacka site: Administrative Support (finance, HR, procurement, quality/environment), Car Workshop (vehicle maintenance, diagnostics, repairs), Property Maintenance (process maintenance, ventilation, electrical, plumbing, HVAC, energy optimization), Industrial Support (automation, robot programming, machine installation), Contract Manufacturing (assembly, mechanical/electrical installation, PLC programming), and Facility Rental (offices, conference spaces, storage, workshop areas). The company also retains a heritage role in Saab-branded community events and memorabilia.

NEVS's go-to-market is direct sales-led, regional (Trollhättan-based), with quote-based, project-specific pricing on industrial services and no publicly disclosed customer logos, pricing, or revenue. The revenue model is entirely professional services; historical vehicle projects (Emily GT, PONS) and the 2019 Protean Electric acquisition are no longer core activities. Customer segmentation is horizontal, spanning industrial/manufacturing clients, business support clients, vehicle owners, and facility tenants, with no disclosed anchor accounts.

Name

National Electric Vehicle Sweden (NEVS)

Legal name

National Electric Vehicle Sweden

Website

https://nevs.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

501–1,000 employees

Short description

NEVS is a Sweden-based industrial services company at the former Saab Stallbacka site in Trollhättan, offering contract manufacturing, industrial support, property maintenance, car workshop, administrative support, and facility rental to regional business clients and facility tenants.

Ownership category

akta.pro rank

Product category

Industrial Services and Contract Manufacturing

NAICS

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310), Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), All Other Industrial Machinery Manufacturing (333248), Commercial and Service Industry Machinery Manufacturing (333310)

SIC

Misc Industrial & Commercial Machinery & Equipment (3590), Services-Miscellaneous Equipment Rental & Leasing (7350), Refrigeration & Service Industry Machinery (3580), Wholesale-Motor Vehicle Supplies & New Parts (5013)

akta.pro industry

PRIMARYIMAHAHAK

Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation)

Industrials, Manufacturing & Construction/Industrial Machinery & Heavy Equipment/Industrial Automation & Robotics Equipment

SECONDARYTLABAFAH

Site Services & Temporary Infrastructure Rental/Leasing (Portable Toilets, Fencing, Storage Containers)

Transportation & Logistics/Fleet Leasing, Rental & Management/Construction & Industrial Equipment Rental/Leasing (Earthmoving, Material Handling, Aerial)

SECONDARYEDAOAHAD

PLC, HMI & SCADA Automation

Education/Vocational, Technical & Trade Education/Industrial Maintenance, Mechatronics & Robotics

SECONDARYEUAIANAI

Leasing, Rental & Product-as-a-Service (PaaS) Enablement

Energy, Utilities & Environment/Environmental Services (Waste Management, Recycling & Remediation)/Resource Recovery & Circular Economy Services (Reuse, Take-back, Refurbishment)

SECONDARYIMACAOAC

Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing

Industrials, Manufacturing & Construction/Automotive & Mobility Manufacturing/Micromobility & Light Electric Mobility Manufacturing (E-bikes/E-scooters/NEVs)

Keywords

• Contract manufacturing services
• Industrial support services
• Property maintenance services
• Automotive workshop services
• Facility rental services

Headquarters

HQ city

Trollhättan

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Others

Revenue model

1. Contract Manufacturing Services: Assembly/disassembly, mechanical manufacturing, electrical installation, PLC installation and programming services provided to clients.
2. Industrial Support Services: Automation, troubleshooting, machine installation, robot programming, and industrial repairs.
3. Property and Facility Services: Property maintenance, process maintenance, ventilation, electrical, plumbing, HVAC, energy optimization, and facility rental.
4. Administrative Support: Finance, HR, purchasing, quality and environment support services for businesses.
5. Automotive Workshop Services: Maintenance, diagnostics and repairs for all vehicles.
6. Space Rental: Newly renovated office and conference spaces for rental, storage areas, and workshop areas for manufacturing and repair.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NEVS provides industrial, manufacturing, and administrative support services from its Stallbacka site in Trollhättan, Sweden. The company offers contract manufacturing (assembly, mechanical/electrical installation, PLC programming), industrial support (automation, robot programming, troubleshooting), property maintenance (HVAC, electrical, plumbing, energy optimization), administrative support (Finance, HR, Procurement, Quality & Environment), automotive workshop services (maintenance, diagnostics, repairs), and facility rental (offices, conference rooms, storage, workshops).

Product overview

NEVS (National Electric Vehicle Sweden) operates as a services company continuing Saab's manufacturing heritage in Trollhättan. The company offers a portfolio of industrial and support services including Administrative Support (Finance, HR, Procurement, Quality & Environment), Car Workshop (maintenance, diagnostics, repairs), Property Maintenance (ventilation, electrical, plumbing, energy optimization), Industry Support (automation, robot programming, industrial repairs), Contract Manufacturing (assembly, mechanical/electrical installation, PLC programming), and Facility Rental (offices, conference rooms, storage, workshops). Previously focused on electric vehicle development with projects like Emily GT and PONS, the company has shifted away from core development work while maintaining its heritage, network, and strong culture. The company also organizes Saab-related events and sales of Saab memorabilia.

Differentiator

Problem solved

Functional benefit

Products and services

• Administrative Support

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• Koenigsegg (joint venture Meneko)minorStrategic or Co-development Partner · 1 January 2019NEVS held a 20% stake in Koenigsegg through a joint venture called Meneko from 2019 until 2021, when Koenigsegg regained full control following Evergrande's financial troubles.
• BID StallbackaminorOthersBusiness Improvement District formed in November as a non-profit association initiated by Trollhättan City, businesses and property owners at Stallbacka. NEVS participates in efforts to develop a safe and attractive Stallbacka area.

Scale indicators5 records

Recent moves8 records

Expansion highlights4 records

Market position

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/national-electric-vehicle-sweden-ab
• Instagraminstagram.com/new.nevs
• Facebookfacebook.com/nevsab

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Electric Vehicle Sweden (NEVS)