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EV motor manufacturer Saietta enters administration process

On March 4, Saietta Electric Drive, a British EV drive manufacturer announced that Saietta Group Plc and Saietta Sunderland Plant Limited, entered Administration, appointing Lucy Winterborne and Dan Hurd to oversee the process, under the provisions of Paragraph 22 of Schedule B1 to the Insolvency Act 1986.
In Februar....

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