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Evergrande New Energy Vehicle sells e-Traction to UK's Saietta

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(BLOOMBERG)
R
By:
Reuters
November 11, 2021 06:58 PM

LONDON -- British electric motor maker Saietta said on Thursday that it is acquiring electric powertrain company e-Traction from China Evergrande Group's automotive unit in a deal worth up to 2 million euros ($2.31 million).

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