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Saietta Electric Drive history
Saietta Electric Drive company history timeline
Saietta was originally incorporated under the name Agility Racing Limited in 2008, with the aim of becoming a manufacturer of electric motorcycles.
In 2015, the Group relocated from central London to its current headquarters in Oxfordshire, UK, which provided expanded high-tech facilities for design, development and testing and development, on a former military air field, with test and validation track availability.
From 2017 onwards, Saietta started designing a new generation of axial flux motor, which would be capable of low-cost, mass-market production as well as having the performance attributes of more expensive competitors.
Saietta’s first working prototypes of its axial flux motor technology were developed into a low-volume production model (known as the AFT 140). At the end of 2020, Saietta secured its first major commercial industry contracts.
Saietta exited stealth mode at the end of 2020 and is actively commercialising its products with manufacturing partners in multiple markets around the world.
In November 2021 the company acquired e-Traction, a supplier of electric drivetrains and high voltage power electronics for heavy goods vehicles and buses, from Evergrande Group.
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Saietta Electric Drive may also be known as or be related to Saietta Electric Drive, Saietta Group and Saietta Group Ltd.