Saietta Group

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Saietta Group
TypePublic
Industry
  • Automotive
  • Electric Vehicles
  • Watercraft
  • Energy Production
  • Engineering
  • Sustainable Transportation
Area served
Worldwide
Key people
  • Wicher Kist (CEO)
  • Steve Harrison (CFO)
  • Emmanuel Clair (Non-Executive Chairman)
ProductsAC motors, Axial flux motor
Services
Websitewww.saiettagroup.com

Saietta Group Limited is a UK-based global motor design and manufacturing organisation specialising in the conceptualisation and production of electric drive solutions for electric vehicles (EVs).[1][2]

Since 2017, the company’s primary activities are focused on the design, development, build and testing of axial flux motor technology that can serve the L Category vehicle category and meet the varying mobility needs of a growing global population. During this time, Saietta was financed by a combination of private funding and grants from the Advanced Propulsion Centre, Niche Vehicle Network and Innovate UK, with the technology designs developed and the corresponding intellectual property registrations filed.[3] The Group’s first working prototypes were developed into a low volume production model (known as the AFT 140) and sales began. At the end of 2020, Saietta secured its first major commercial industry contracts.

History[]

Founding[]

Saietta was originally incorporated under the name Agility Racing Limited in 2008,[4] with the aim of becoming a manufacturer of electric motorcycles. In 2011, it changed its name to Agility Global Limited and on 6 June 2015, changed its name to Saietta Group Limited.[4]

Under the Agility Racing Ltd and Agility Global Ltd names, the Group developed and marketed a number of working prototype variants of high-powered electric motorcycles under the brand name “Saietta” – meaning “thunderbolt” in the Italian language.

Saietta R at a motorcycle event

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.

The Pivot to Electric Drive Solutions[]

From 2015 to 2017, Saietta pivoted away from developing electric motorcycles and worked with a third-party electric motor manufacturer. At this point, Saietta was focused on developing and producing generic DC axial flux motors for a range of potential applications, including race tuned electric motorcycles, special one-off projects and light commercial vehicles for the Asian market. Whilst the performance of the motors was impressive, there was limited commercial success.

Stealth Mode[]

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. Over the next three years, the company focussed on the design, development, engineering, and testing of this technology. During this time, the business was financed by a combination of private funding and grants from the Advanced Propulsion Centre, Niche Vehicle Network and Innovate UK.

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.[5]

Saietta exited stealth mode at the end of 2020 and is actively commercialising its products with manufacturing partners in multiple markets around the world.[6]

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.[7]

In the same month it also launched Propel, a Dutch Saietta subsidiary that develops electric marine propulsion solutions based on axial flux technology [8]

See also[]

References[]

  1. ^ News, Alliance (2021-06-30). "Saietta Group eyes GBP102 million market value amid AIM IPO". MorningstarUK. Retrieved 2021-09-15.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Saietta to float on London Stock Exchange's AIM". The Oxford Magazine. Retrieved 2021-09-15.
  3. ^ "Saietta secures major UK Government research contract – Saietta". Retrieved 2021-05-09.
  4. ^ a b "SAIETTA GROUP LIMITED - Overview (free company information from Companies House)". find-and-update.company-information.service.gov.uk. Retrieved 2021-05-09.
  5. ^ "Under the skin: is one UK firm's axial flux motor poised for mass-market use?". Autocar. Retrieved 2021-05-09.
  6. ^ "Saietta to support India's booming e-mobility movement with 'landmark' partnership". Electric & Hybrid Vehicle Technology International. 2021-05-06. Retrieved 2021-05-09.
  7. ^ Carey, Nick (11 November 2021). "UK's Saietta group buys e-Traction from China Evergrande's auto unit". Reuters.
  8. ^ "Pancake axial-flux motor powers new Propel electric outboard - Plugboats". 15 November 2021.
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