Former Saab factory goes dormant as owner faces bankruptcy

The former Saab factory in Trollhättan, Sweden, has been put into a “hibernation plan” as owner National Electric Vehicle Sweden (NEVS) scrabbles to avoid bankruptcy.

Of the plant’s 340 employees, 320 will be laid off. NEVS said it has begun negotiations with the appropriate labour unions to provide the impacted staff with support and legal advice.