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NEVS Partners with Hewlett Packard Enterprise to Accelerate Global Electric Car Production

HPE Enterprise Services to establish a global end-to-end vehicle manufacturing solution that provides flexibility to adapt to volatile market conditions

GENEVA, SWITZERLAND -- (Marketwired) -- 10/19/16 -- Hewlett Packard Enterprise (NYSE: HPE) announced today that its Enterprise Services business will help National Electric Vehicle Sweden (NEVS) accelerate the setup of their global electric vehicle production. As part of the project, HPE will create a global manufacturing IT platform for NEVS that will operate across plants in Sweden and China.

NEVS, a Swedish holding company, was founded in 2012 and acquired the main assets of the former Saab Automobile company. NEVS' vision is to provide a global portfolio of mobility solutions and sustainable city offerings and fully electric premium cars.

To support production, HPE will deploy proprietary and proven solution templates, based on the company's experience establishing car production plants around the globe. HPE will design, build and operate an integrated end-to-end solution for NEVS' existing manufacturing plant in Trollhättan, Sweden and and new plant in Tianjin, China. The solution spans from IT infrastructure to business processes and is based on SAP HANA in-memory computing and proven SAP automotive solutions, running on HPE technology.

Bloomberg New Energy Finance forecasts that sales of electric vehicles will hit 41 million by 2040 -- almost 90 times the equivalent figure for 2015.(1) NEVS will begin production of its first electric vehicle in 2017.

"We are entering a highly competitive and disruptive market, so we need a partner who can both help us accelerate the setup of our electric vehicle production and give us the agility we need to quickly adapt," said Mattias Bergman, President, NEVS. "Hewlett Packard Enterprise had the best-engineered solutions to enable us achieve these goals, and they convinced us with their technology leadership, collaborative approach and proven track record in the automotive industry."

HPE's solution will replace the majority of NEVS' existing manufacturing application landscape, creating a globally standardized and integrated manufacturing IT platform. This new environment will support a high-volume and highly flexible production capability, which will provide NEVS with the flexibility to adapt their operation to changing market conditions. Prepared for Industrial Internet concepts, the new platform will also give NEVS full control and planning ability of the entire value chain from incoming order to final delivery of a vehicle.

"NEVS is one of the most exciting undertakings in the industry, leading a proud heritage of traditional car manufacturing directly to the new world of connected mobility -- and we are proud to be part of that journey," said Jan Zadak, Senior Vice President and General Manager, Enterprise Services EMEA, Hewlett Packard Enterprise. "Working closely with NEVS, HPE will lay the foundation for a production environment which accelerates the time it takes to go from idea to value."

About Hewlett Packard Enterprise
Hewlett Packard Enterprise is an industry leading technology company that enables customers to go further, faster. With the industry's most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.

Forward-Looking Statements
This document contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Hewlett Packard Enterprise could differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements of the plans, strategies and objectives of Hewlett Packard Enterprise for future operations; other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected and other risks that are described in Hewlett Packard Enterprise's filings with the Securities and Exchange Commission, including but not limited to the risks described in Hewlett Packard Enterprise's Registration Statement on Form 10 dated July 1, 2015, as amended. Hewlett Packard Enterprise assumes no obligation and does not intend to update any forward-looking statements.

(1) https://about.bnef.com/press-releases/electric-vehicles-to-be-35-of-global-new-car-sales-by-2040/

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