National Electric Vehicle Sweden

Ford Motor Co  will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, Peter Fleet, head of Ford Asia Pacific, told a news conference on Tuesday, reported Reuters.

At the CES Asia show in Shanghai last week, NEVS, the Chinese successor to Saab, unveiled its InMotion autonomous people-moving pod that embodies its vision for urban transport of the future. Looking very much like a horizontal self-service elevator, InMotion offers users a high degree of customization to make their journey as connected and pleasant as possible.

Swedish aviation and defense giant Saab has said China's National Electric Vehicle Sweden (NEVS), which has signed a deal with Turkey to help produce the country's first "national car," does not represent the Saab brand, but only owns the company's car production plant. 

Turkey?s ?national car? agreement worth 40 million euros with China?s NEVS has enabled the company to recover from its financial difficulties, the firm has said.

The long-awaited ?Turkish national car? prototypes which sparked widespread debate over their originality were made in Sweden and purchased for 40 million euros ($45 million).

The prototypes of the ?indigenous? cars announced on Oct.13 by I??k initiated a social media storm due to their resemblance to the Cadillac BLS, a restyled model of the Saab 9-3.