UK's Saietta group buys e-Traction from China Evergrande's auto unit - NewsBreak

LONDON, Nov 11 (Reuters) - 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 wroth up to 2 million euros ($2.31 million). Saietta said that its acquisition of e-Traction, which is owned by Evergrande...