National Electric Vehicle Sweden

Type
Internal restructuring
Country
Sweden
Region
Södra Sverige; Västsverige; Västra Götalands län
Location of affected unit(s)
Trollhättan
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.1 - Manufacture of motor vehicles
200 jobs
Number of planned job losses
Job loss
Announcement Date
24 September 2014
Employment effect (start)
30 September 2014
Foreseen end date

Description

Swedish holding company National Electric Vehicle Sweden (Nevs), which has acquired the assets of Saab Automobile among others, is reducing its workforce at its automobile factory in Trollhättan by 200 as a result of a delay in the start of production. On May 20, 2014, Nevs announced 'a short term stop of production' due to cash flow problems. The workers who remain at the factory will keep the factory in shape till the production can start again. The reductions will take effect by the end of September.

Sources

  • 24 September 2014: Svenska Dagbladet
  • 24 September 2014: Nevs (Press Release)

Citation

Eurofound (2014), National Electric Vehicle Sweden, Internal restructuring in Sweden, factsheet number 77618, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77618.