e-Traction: Evergrande New Energy Vehicle sells e-Traction to UK's Saietta
Saietta's acquisition of e-Traction, a Dutch company owned by Evergrande New Energy Vehicle Group and which also makes high-voltage power electronics for heavy goods vehicles and buses, will provide it with new commercial capabilities.
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e-Traction engages in designing and implementing of direct-drive in-wheel electric traction systems for automotive and heavy-duty applications.
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