NEVS (National Electric Vehicle Sweden) has officially begun selling its remaining real estate assets in Trollhättan, Sweden. This strategic move marks the end of a chapter in Swedish automotive history and opens new possibilities for industrial redevelopment, commercial investment, and urban transformation.
What Is NEVS Selling in Trollhättan?
The real estate portfolio on sale includes:
- Production buildings (over 50,000 m²)
- Office and administrative buildings (approx. 12,000 m²)
- Research and testing facilities (approx. 5,000 m²)
- Warehouse space and logistics zones
- More than 30 hectares of land suitable for industrial or mixed-use development
All properties are located in or near established industrial zones, with access to infrastructure, utilities, and transport routes.
Estimated Market Value of NEVS Assets
According to industry analysts, the combined value of the listed assets is estimated between €35 and €50 million.
Breakdown of potential values:
- Production facilities: €12–18 million
- Office buildings: €4–6 million
- Testing and R&D infrastructure: up to €7 million
- Land (with development potential): €10–15 million
Prices vary based on asset condition, zoning regulations, and adaptation potential.
Potential Buyers and Investment Opportunities
NEVS properties may attract interest from:
- Automotive manufacturers looking for ready-to-use production space in the EU
- Logistics and distribution companies
- Industrial investors and real estate developers
- Municipal institutions and tech hubs
- Universities and R&D centers
With proper adaptation, these assets could become key components of Sweden’s sustainable industrial ecosystem.
Impact on Trollhättan’s Real Estate Market
The liquidation of NEVS assets could influence the local property market in two ways:
- Short-term: Oversupply may push down commercial property prices temporarily
- Long-term: Adaptive reuse can boost innovation, employment, and attract new sectors
Average prices in the region:
- Industrial buildings: €600–800/m²
- Office space: €1,000–1,800/m²
- New residential developments: €3,500–4,000/m²
The real estate market in Trollhättan remains stable and attractive for mid- to long-term investment.
Future Development Potential
Trollhättan aims to reposition itself as a hub for innovation, green tech, and education. Local authorities have expressed interest in repurposing NEVS sites into:
- Green technology parks
- Sustainable manufacturing zones
- R&D and tech startup campuses
- Higher education and vocational training centers
- Modern residential and mixed-use developments
Such initiatives align with EU sustainability goals and Sweden’s national transition to a greener economy.
Conclusion
The sale of NEVS’s remaining properties is more than the end of a business — it’s an opportunity to reshape Trollhättan’s future. With an estimated total value of up to €50 million, these assets are well-positioned to attract national and international investors.
If allocated wisely, the NEVS legacy can serve as a foundation for renewable industries, job creation, and urban revitalization, turning Trollhättan into a beacon of modern industrial transformation.
