The energy transition from fossil fuels to cleaner alternatives is happening at a rapid pace. Clean sources of energy like solar, wind, and green hydrogen, have captured the imaginations of Indians.
According to the government’s Vahan Sewa Dashboard, in 2023, the registration of EVs has been 1.4 million so far. This is 37% higher compared to 2022.
This positive sentiment is prevalent in the stock market too. Clean energy stocks are investor favourites. In fact, the sustainability theme is a big driver of stock prices these days.
Saietta Group plc (LON:SED) is a multi-national business which designs, engineers and manufactures complete Light Duty and Heavy Duty electric drive (eDrive) systems for electric vehicles on land from scooters to buses (vehicle categories L, M, N and T) as well as marine applications.