Saera Electric Auto has signed a contract manufacturing arrangement with ETO Motors for Electric Mobility as a Service (EMaaS) and Charging/Energy as a Service (CaaS).
ETO has its manufacturing facility at Hyderabad and is working with SAERA to improve its micro-assembly strategy in order to deploy more efficiently across the region.
They will also work together to develop battery solutions for other vehicle brands than ETO. ETO Motors Electric Vehicles will be made at the Saera Electric Plant, Bawal at Haryana as part of the collaboration.
Deepankar Tiwari (Non-Executive Vice Chairman of ETO Motors) stated, “ETO Motors is now thriving upon a future ready manufacturing facility using the technologies, processes, and Saera Electric, which was our first choice for cooperation.”
Saera Electric Auto’s MD Nitin Kapoor said, “Saera’s new collaboration with an acclaimed brand like ETO Motors represents another step in our efforts to increase clean mobility on Indian roads.”