Setterwalls advises the Chinese City of Tianjin in a direct share issue in NEVS (National Electric Vehicle Sweden AB) which manufactures electric Saab cars. After a court approved composition of creditors, the reorganization of NEVS was concluded in April 2015. Tianjin's development company GaoXin BoHua Investment Co Ltd has now acquired a first tranche of shares for USD 20 million of the total contracted USD 200 million representing 30 percent of the shares in NEVS.

Setterwalls team consists of Hakan Fohlin and Anders Grefberg.