Saab may be revived as a maker of electric vehicles

Electric cars

Defunct automaker Saab may soon be revived as a maker of electric vehicles if new investors have their way. Saab closed its doors in January 2012 after more than 65 years of business. The company had struggled financially for several years before it was closed down and hosted a sleuth of complicated, and sometimes tense, relationship with other automakers. General Motors purchased the company in 1990, but Saab was unable to live up to the larger automaker’s expectations. Saab closed its doors in January this year after a Chinese consortium…

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