Saietta acquires 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. Edgar Ooijman, e-Traction’s Chief Commercial Officer adds; “By being part of the Saietta Group, e-Traction has found the strategic partner we were looking for. -Ends-—–About Saietta GroupSaietta Group plc (Saietta) is an established engineering company based in Oxfordshire, England. More information is available via the Saietta Group website (www.saiettagroup.com). PR contactsFor further information on Saietta Group, images, or comment, contact PFPR Communications:James ParsonsM : +44 (0) 7725 257 792E : [email protected] Borge-SlavnichM : +44 (0) 7759 858 688E : [email protected]