New Saab sedan launched

Last updated 12:30 03/12/2013
Saab's 9-3 ePower on the production line.

POWERING UP: Saab's 9-3 ePower on the production line.

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For the first time in two-and-a-half years, a new Saab sedan has rolled off the production line in Trollhattan in southwest Sweden.

National Electric Vehicle Sweden (NEVS), the Hong Kong-based company that bought Saab out of bankruptcy in September last year, on Monday presented its new 9-3 Aero.

The company, also called NEVS, aims to make electric cars under the Saab brand, but said it will also provide gasoline-fuelled cars until "electric cars fully meet customer demands".

The first 200 cars will be delivered in the spring and will cost 279,000 Danish kronor ($61,988).

Saab shut down production in April 2011 as its previous Dutch owner, Spyker, struggled with financing.

Formerly owned by General Motors, Saab filed for bankruptcy in December the same year.

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- AP

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