UK-based Saietta has signed a master supply agreement with AVTEC, manufacturers of powertrain and precision-engineered products in India for eDrive units for electric three- and four-wheelers.
Production is on track to commence in Q3 of 2023. The first set of commercial agreement has been secured with one of the largest OEMs in the Indian light-duty mobility market.
The partnership brings together AVTEC’s expertise in the design and manufacture of transmissions with Saietta’s motor and inverter capability. The resulting eDrives have been designed for three- and four-wheel lightweight electric vehicles.
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. Propel is part of the Saietta Group, and develops electric marine propulsion solutions from its Amsterdam office based on Saietta technology such as its Axial Flux Technology motors.