Global InformationSaietta Group information
 | This article contains content that is written like an advertisement. (March 2023) |
| Company type | Public |
|---|---|
| Industry |
|
| Headquarters | Bicester, England, UK |
Area served | Worldwide |
Key people |
|
| Products | AC motors, Axial flux motor, Radial flux motor |
| Services |
|
| Website | www |
Saietta Group PLC is a UK-based global engineering business specialising in the design, development, and supply of complete powertrains for electric vehicles (EVs) including scooters, buses, and marine applications.[1][2]
Since 2017, Saietta has engineered several electric motor technologies including proprietary AFT (axial flux motor) and RFT (radial flux motor) technology. This technology is mated to controllers and transmissions. The design is modular, enabling the delivery of both high and low-voltage e-motor solutions.
Saietta was originally financed by a combination of private funding and grants from the Advanced Propulsion Centre, Niche Vehicle Network and Innovate UK Though this endeavor, technology designs were developed and the corresponding intellectual property registrations were filed.
In June 2021, Saietta was listed on the London Stock Exchange's AIM market, raising gross proceeds of £37.5 million with an approximate market capitalisation of £102.1 million at the issue price.[3]
In April 2022, Saietta Group announced that it was opening a former ZF Automotive manufacturing facility in Sunderland, UK, with a goal to produce 100,000 motors per annum in the first phase. The agreement (what agreement?) enabled Saietta to meet its stated objective of establishing a UK pilot production facility significantly ahead of its 2024 target.[4]
Current business areas include market research and product definition, CAE simulation, motor-controller electrical development, mechanical integration, prototype building, rigorous testing on rigs (not sure what rigs are), and building 20 miles of private roads.[5]
Saietta Group PLC entered administration on 4th March 2024. The assets and Intellectual Property (IP) rights of Saietta Group PLC were acquired by EXEDY Group in April 2024.
- ^ Hanley, Steve (11 March 2022). "Saietta Electric Powertrain Swap Plan For Buses Gains Momentum". CleanTechnica. Retrieved 25 March 2021.
- ^ "Saietta Group PLC". Investegate. Retrieved 25 March 2022.
- ^ "Saietta Group Seeks to Accelerate Growth and List on London Stock Exchange". ExBulletin. 5 July 2021.
- ^ "Saietta Group to take over ZF plant in Sunderland". electrive.com. 5 April 2022.
- ^ "Saietta launches hyper-efficient lightweight electric motor". 6 August 2021.