National Electric Vehicle Sweden Teams With Renesas To Bring Plug-In Cars Into Chinese Market
The NEVS (SAAB) saga continues with another announcement – this time it’s a partnership with Renesas Electronics (related to NEC) to develop New Energy Vehicles for China.
Of note: Earlier today NEVs also announced a deal* to supply 150,000 9-3 EVs to Panda New Energy by the end of 2020 (full details)
Several months ago, National Electric Vehicle Sweden celebrated a ground breaking ceremony for production and R&D in Tianjin, China.
Details about cooperation with Renesas and electric cars to be launched in China are scarce, although the booming Chinese market can absorb all kinds of EVs, so NEVS still has a chance.
“Nevs has joined a strategic cooperation with Renesas Electronics – a world leading microcontroller and automotive semiconductor solution provider. Based on Nevs’ EV-optimized automotive architecture and Renesas Electronics’ mature technology system, the two parties will develop system solutions tailor-made for new energy vehicles.”
NEVS Vice Chairman and Group Executive DirectorStefan Tilk said:
“Nevs has a long-term commitment to the Chinese market and we are dedicated to work with partners who share our vision of shaping mobility for a more sustainable future. We highly value Renesas Electronics’ experience in developing systems for new energy vehicles and their efforts in environmental and innovation solutions.”
About Renesas Electronics:
“Renesas Electronics Corporation (TSE: 6723), a world leading supplier of microcontrollers, is a premier supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad range of analog and power devices. Business operations began as Renesas Electronics in April 2010 through the integration of NEC Electronics Corporation (TSE:6723) and Renesas Technology Corp., with operations spanning research, development, design and manufacturing for a wide range of applications. Headquartered in Japan, Renesas Electronics has subsidiaries in approximately 20 countries worldwide.”