The NEVS Emily GT has received an important lifeline that should help it hit the production line, following confirmation a Canadian EV startup has bought the project.

National Electric Vehicle Sweden (NEVS) had been operating in Saab’s former home of Trollhättan, Sweden but was placed into hibernation mode by Chinese owner Evergrande Group. It unveiled the Emily GT back in April to show the world what it had been working on. This prototype has proved impressive enough for the project, product lines, and related assets to be purchased by EV Electra.

Watch: What’s The NEVS Emily GT Actually Like To Drive?

The chief executive of EV Electra Jihad Mohammad confirmed the acquisition while speaking at the eCarExpo in Gothenburg, Sweden. The acquisition also includes the PONS autonomous pod developed by NEVS. EV Electra plans to bring the Emily GT into full-scale production at NEVS’s existing facility in Sweden.

 NEVS Emily GT Saved By Canadian Startup, Could Be Produced In Sweden

“We will have cars coming out of Trollhättan again,” Mohammad said. “We did this acquisition fully aware that we will need to back it all the way through development to mass production. I’m a firm believer in in-house production and strong balance sheets. I also believe Trollhättan has the personnel that can make our visions come true. The acquisition of the Pons and Emily projects signifies a pivotal milestone in our pursuit of innovation and sustainability. We’re thrilled to embark on this journey.”

The Emily GT has been conceived as a direct rival to the Tesla Model S and is intended to be offered with 105 kWh and 140 kWh battery packs. Development had progressed to the point where it was just 18 months from being ready for production. Four in-wheel electric motors combine to provide 484 hp.

No financial details of EV Electra’s acquisition have been released and it isn’t known what changes, if any, will be made to the Emily GT before it hits the production line. Mohammad described the PONS autonomous city mobility system as an important project “in revolutionizing metropolitan mobility with autonomous electric vehicle technology.” It will be produced at the same Trollhättan plant as the Emily GT. 

Opening image via Magnus Fröderberg/Auto Motor Sport Sweden