Saab Prototype EVUnder-pressure car firm New Electric Vehicle Sweden has revealed a prototype Saab 9-3 Electric Vehicle in the latest stage of plans to put the zero-emissions car into series production.

The reveal is part of Nevs’ drive to secure further investment in the reborn company after last week admitting it doesn’t currently have enough liquid cash to pay all its debts.

Based on the 2014 model year Saab 9-3 Aero, the firm has replaced the turbo petrol engine with a 100kW (140hp) electric motor and a set of lithium ion batteries sourced from Beijing National Battery Technology.

The batteries are located under the floor so the car’s interior space is unchanged; so too, impressively, is boot space. The batteries have sufficient capacity, says Nevs, for a range of nearly 150 miles.

It can accelerate from 0-62mph in 10.0 seconds and Saab has restricted the top speed to 75mph to maximise the range.

“We are happy to present the result of Nevs engineering into a real Saab EV product,” said Vice President of Engineering and Product Development Stig Nodin.

“The Saab cars’ well-known performance and safety is maintained and we foresee a very good product for the market,” he said confidently.

Nevs’ plan for Saab is to develop the brand into a full electric vehicle company, in several stages. It’s already successfully restarted production (and, for a time, deliveries) of petrol-engined Saab 9-3s in Sweden; the converted electric 9-3 is the next step, before launching all-electric models based on the next-generation Phoenix platform.

The reveal of the 9-3 Electric Vehicle prototype indicates this strategy may still be in progress – provided, that is, the fledgling firm can secure sufficient investment.