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16 Nov
09:35

Evergrande sells e-Traction to Saietta

Evergrande confirms Saietta’s acquisition of e-Traction for EUR 2 million ($2,275,118.41). Saietta is expecting to strengthen its business capabilities through new commercial capacity and established production facilities, Kallanish learns. E-Traction was established in 1981 and is headquartered in the Netherlands. It is an internationally leading R&D and production enterprise of in-wheel motors and electric vehicle transmission systems. Saietta Group …
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