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Saab to become Electric Vehicle Manufacturer

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by eheath, Jun 17, 2012.

  1. eheath

    eheath Member

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    Interesting development in the Saab saga...

    Saab to Live On as Electric Vehicle Manufacturer

    Read the full story »

    [​IMG]
     
  2. Braddles.au

    Braddles.au DEFAnitely using an EBH

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  3. kgall

    kgall Active Member

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    I hope they make it. It won't be easy, though.
     
  4. austingreen

    austingreen Senior Member

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    This seems to be a low risk investment in a high risk market. I can't tell but I'm guessing they are talking about a phev. This probably takes about $1B to develop, which makes the likely purchase price of saab's distressed assets much smaller than the development in the car. By the time the car makes it to market there may be excess limh battery production, which gives them good negotiating power with suppliers for the most expensive part.