Although Nevs is in reorganization and has major economic problems, the company will now still building cars. It is about the automaker will complete over 100 cars, which then will go on sale in the coming months. And this is a way for companies to raise money.
– The cars are still 14 model year from when production was stopped. Now we are pursuing another hundred cars coming onto the market, says Nevs CEO Mattias Bergman P4 West.
It is not about a start of series production was stopped in May last year.
As the prospective new owners, according to data Mahindra, still has not decided whether to fund Nevs during the reconstruction needs carmaker raise money in other ways.
The reason that the deal with Mahindra has dragged on is that the issue of Nevs’ll use the Saab brand is still not resolved.
It is already clear that Nevs have the money needed to survive out in February. There is now money for salaries and taxes, for example.
Nevs CEO Mattias Bergman says that the company gets the money in several different ways.
– Full funding of operations until we have new owner, comes from our existing major shareholders plus the revenues that we have ourselves. We have spare parts company and we do a lot of work in our laboratories and our technology development center for other bilbolag too. We have income, but the gap between revenues and our expenses fill our current owners up month by month, says Bergman.
So now you have the money needed to cope February?
– Yes, replies Bergman.
The negotiations to get a new owner drags on helping to Nevs likely to apply to the reorganization shall be renewed when it takes out in early March.
– We will probably probably need to have an extension. Although we have completed negotiations during this period, so it’s also about getting out of the reconstruction. That is, to make up with all suppliers. We estimate that it will require more time and that we therefore likely to apply for more time in reconstruction, says Mattias Bergman.
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