Saietta Group PLC, renowned for its expertise in electric powertrain technology, has recently signed a significant agreement through its Indian joint venture, further strengthening its position in India’s electric vehicle market. The agreement, valued at approximately £12.7 million, focuses on delivering complete electric powertrains for a new light commercial vehicle model. This latest agreement marks the second major deal secured by Saietta’s Indian joint venture with a leading Indian light vehicle manufacturer, showcasing their successful collaboration and technical prowess in the highly competitive Indian market.
Technological Innovation Drives Saietta’s Success
At the core of Saietta’s success is its groundbreaking radial flow motor (RFT), complemented by a custom controller, transmission, axle, and vehicle control unit.
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.