A Bicester firm is aiming to crack India’s £200 billion electric vehicles market.
Saietta VNA is a joint enterprise between Bicester’s Saietta Group plc and India’s Padmini VNA. The partnership will see eDrive vehicle production commence in a purpose built factory in India in 2023.
Saietta VNA have already completed the outer shell of their high-tech eDrive manufacturing facility in Delhi. Factory fit-out is to begin in early 2023.
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.