Saietta VNA is a collaborative joint venture in India between Saietta Group plc and Padmini VNA

Saietta (www.saietta.com), listed on the AIM market of the London Stock Exchange, is a multinational enterprise that specializes in the design, engineering, and manufacturing of light to heavy-duty electric drive (eDrive) solutions. These solutions span a diverse range of vehicles from scooters to trucks, and also cater to marine applications.

Established in 2005, Padmini VNA (www.padminivna.com) has a robust focus on innovation and sustainability. Over the years, it has successfully established itself as a leading provider of eco-friendly auto components. Its state-of-the-art manufacturing and research & development facilities are located in India, and it has put 'Made in India' auto components firmly on the global map.

This exciting joint venture sees Saietta VNA delivering bespoke, optimized solutions for the rapidly expanding lightweight electric vehicle (LEV) market in India.

With its high-tech, low-cost, low-voltage performance, and exceptional durability, Saietta AFT electric motors stand as an ideal powertrain choice for India's burgeoning zero-emission motorbike and scooter market.

This sector, responsible for nearly 18 million units sold annually, is projected by analysts to witness a significant growth surge over the forthcoming five years. A substantial portion of this anticipated expansion will be propelled by the Indian government's explicit emphasis on zero-emission mobility, particularly in mega-cities.