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After almost exactly 8 years - the end of an era. NEVS founder Kai Johan Jiang is leaving the company after selling his remaining stake in Evergrande. It is not a complete farewell, because he remains connected to NEVS as a consultant.
Last held founder Kai Johan Jiang still around 17% of the shares.
Kai johan jiang biography of michael
With the sale, the Evergrande Group is now the sole owner of NEVS and the former Saab properties. In an interview with Sveriges Radio Jiang stressed that the shares were inevitable. He could not keep up with the upcoming investments worth billions, his personal mountain of debt would continue to grow.
With NEVS, Jiang took over some remnants of Saab Automobile AB in the summer of 8 years ago.
At that time he had surprisingly been awarded the contract.
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Exciting times followed, which were repeatedly characterized by financial bottlenecks. The background of the founder, who the employees describe as a rousing visionary, always remained somewhat blurred. One of the highlights was the sh