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Europe: Potential Saab Buyer Hopes to Transform Company into Electric-Only Automaker

The prototype Saab 9-3 ePower is production ready and, if a potential Saab buyer submits the winning bid, then the Swedish automaker may focus on manufacturing vehicles only of the plug-in variety.

A potential Saab investor sees the Swedish firm as an electric-only automaker. That’s according to a report from Just-auto.com, which indicates that an undisclosed joint bid—from investors in China and Japan—has been received. Although details are scarce, the bidders want to position Saab as an electric-only automaker
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