As the global pursuit of sustainability intensifies, the shift from fossil fuels to clean and emissions-free energy sources has gained paramount importance. At the heart of this transformative journey lies a crucial player: batteries. Batteries are emerging as a vital storage solution, revolutionising the pursuit of a more sustainable and environmentally friendly future by facilitating the energy transition.
The increasing adoption of electric vehicles (EVs) has been a critical driver for the growth of the advanced battery market. As governments worldwide encourage EV adoption through incentives and stricter emission regulations, automakers seek advanced battery solutions to extend the driving range of EVs and reduce charging times. Advanced batteries have become indispensable components, propelling the EV revolution and paving the way for a greener future in transportation.
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.