NEVS - About the company
NEVS is an acquired company based in Trollhattan (Sweden), founded in 2012 by Kai Johan Jiang. It operates as a Manufacturer of electric autonomous cars. NEVS has raised $500M in funding from GSR Capital. The company has 1253 active competitors, including 88 funded and 66 that have exited. Its top competitors include companies like Tesla, Polestar and Lucid.
Company Details
Manufacturer of electric autonomous cars. The company is involved in the design and development of an electric autonomous car named 'Sango' for city needs which have six movable seats and are fitted with privacy walls. Users can divide the vehicle interior into four smaller areas for private journeys. It also provides industrial services like automotive engineering, contract manufacturing, testing, and related services.
- Website
- www.nevs.com/
- Social
- Email ID
- *****@nevs.com
- Phone Number
- +46 **********
Key Metrics
Founded Year
2012
Location
Trollhattan, Sweden
Stage
Acquired
Total Funding
$500M in 4 rounds
Latest Funding Round
Investors
Ranked
34th among 1253 active competitors
Employee Count
239 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Evergrande (Jan 15, 2019)
Legal entities associated with NEVS
NEVS is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
National Electric Vehicle Sweden AB CIN: 556889-7556 , Sweden, Active | Apr 02, 2012 | - | - | - |
NEVS's acquisition details
NEVS got acquired by Evergrande on Jan 15, 2019 at an acquisition amount of $*****.
Click here to take a look at NEVS's acquisition in detail
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NEVS's funding and investors
NEVS has raised a total funding of $500M over 4 rounds. Its first funding round was on Jan 01, 2017. Its latest funding round was a PE round on Mar 15, 2018 for $*****. 1 investor participated in its latest round. NEVS has 2 institutional investors.
Here is the list of recent funding rounds of NEVS:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 15, 2018 | 9026655 | PE | 7598323 | 7882128 | 1871905 | 6393316 |
Nov 01, 2017 | 2988240 | Grant (prize money) | 2655202 | 2329208 | 4004396 | |
Jan 11, 2017 | 5162970 | Grant (prize money) | 8061371 | 5541904 | 1613705 |
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NEVS's founders and board of directors
Founder? Claim ProfileThe founders of NEVS is Kai Johan Jiang. Kai Johan Jiang is the CEO of NEVS.
Here are the details of NEVS's key team members:
- Kai Johan Jiang: Founder & CEO of NEVS.
View details of NEVS's Founder profiles and Board Members
NEVS's employee count trend
NEVS has 239 employees as of May 26. Here is NEVS's employee count trend over the years:
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NEVS's Competitors and alternates
Top competitors of NEVS include Tesla, Polestar and Lucid. Here is the list of Top 10 competitors of NEVS, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tesla 2003, Austin (United States), Public | Electric vehicle and clean energy solutions provider | $408M | 88/100 | |
2nd | Manufacturer of electric cars | $550M | 78/100 | ||
3rd |  Lucid 2007, Newark (United States), Public | Manufacturer of electric vehicles and related technologies for consumer markets | $1.13B | 78/100 | |
4th | Manufacturer of electric cars, sedans, SUVs, batteries, and rail transit | - | 74/100 | ||
5th |  Fisker 2007, Los Angeles (United States), Public | Manufacturer of electric cars | $1.11B | 72/100 | |
6th | Manufacturer of electric buses trucks and small commercial transport vehicles | $179M | 72/100 | ||
7th | Manufacturer of electric vehicles, AI technology, AI automotive, and AI robots | $2.65B | 72/100 | ||
8th |  Beijing Che Lixing Information Technology 2015, Beijing (China), Public | Manufacturer of electric vehicles and related automotive products and services | $1.58B | 71/100 | |
9th |  Segway-Ninebot 2012, Beijing (China), Series C | Manufacturer of multi-category electric vehicles | $240M | 66/100 | |
10th | Developer of c.loud and AI-enabled solutions for autonomous driving | $154M | 66/100 | ||
34th | Manufacturer of electric autonomous cars | $500M | 56/100 |
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NEVS's Investments and acquisitions
NEVS has made 1 investment in Koenigsegg and acquired Saab.Reports related to NEVS
Here is the latest report on NEVS's sector:
News related to NEVS
Filter this list•
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EV Electra acquires Emily and Pons projects from NEVSCision•Dec 01, 2023•EV Electra, NEVS, Saab Engineering
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Oxbotica and NEVs to deploy fleet of self-driving, all-electric vehicles in EuropeFleetworld•May 12, 2022•Oxa, NEVS, Oxbotica
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Evergrande’s Acquisition of Remaining Interests in National Electric Vehicle Sweden ABGlobal Legal Chronicle•Jul 06, 2020•Evergrande Healthy, NEVS
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NEVS launches PONS, the first mobility ecosystem with autonomous vehicles for city needsautonomousvehicletech.com•Jul 02, 2020•NEVS
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