Saietta acquires e-Traction from Evergrande New Energy Vehicle Group

Saietta Group plc (Saietta), specialists in high-tech advanced e-mobility propulsion, today announced the 100% acquisition of e-Traction Europe B.V. (e-Traction) from Evergrande New Energy Vehicle Group. The move accelerates Saietta’s growth strategy by adding new commercial and technical capabilities and an established power electronics production facility. Netherlands-based e-Traction is a designer and supplier of electric […]