NEVS AB has sent its Annual Report for 2017 to Bolagsverket (Swedish Companies Registration Office). Is shows that the losses were 996 MSEK, about the same as the previous year (993 MSEK).

This is according to plan. We are in a period with very large investments in new car models and a completely new plant in China. As we haven´t started serial production of car you can say that these investments are shown as a loss”, Stefan Tilk, CEO at NEVS, comments.

Please read the annual report in pdf format:

Icon National Electric Vehicle Sweden AB 2017 ENG (1.2 MB)