• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Evergrande Auto sells another subsidiary

UK-based electric powertrain specialist Saietta has acquired e-Traction Europe from Evergrande New Energy Vehicle Group. e-Traction is a Dutch supplier of electric powertrains for trucks and buses and power electronics. According to the Saietta Group, the acquisition is intended to drive its own growth strategy – thanks to e-Traction’s ” commercial and technical capabilities” and […] More…

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