EV Manufacturer Saera Inks Contract Manufacturing Agreement with ETO Motors

Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) has set sights on augmenting its growth by signing a contract manufacturing agreement with ETO Motors, a leading provider of EMaaS (Electric Mobility as a Service) and CaaS (Charging/Energy as a Service) solutions.

By reinventing corporate and public transportation with their mobility and energy solutions, ETO Motors, among the top OEM fleet services suppliers, supports significant B2B business.

Along with operating a manufacturing facility in Hyderabad, India, ETO is working with Saera to broaden its micro assembly strategy for more effective regional deployment. With their top-notch production facility, SAERA is partnering with ETO as a manufacturer and working with them to develop battery solutions for automakers other than ETO. As a result of this partnership, ETO Motors vehicles will be produced in the Saera Electric Plant in Bawal (Haryana).

“ETO Motors will now thrive upon a future-ready manufacturing facility using the technologies and processes of Saera Electric, our first choice for collaboration. Saera has already established itself as a leading EV player with immense repute and expertise in the manufacturing of clean and green vehicles. Also, our vision is to guide the world forward for the better by 3Es – Environment, Employment, and Empowerment, which is in line with the vision of Saera Electric Auto,” noted Deepankar Tiwari, Non-Executive Vice Chairman of ETO Motors.

Both organisations have recently attracted industry attention by displaying their cutting-edge products. ETO Motors signed a contract with the GMR Varalakshmi Foundation and MOWO, an NGO promoting safe transportation for women, while Saera introduced its exclusive product, the Electric Golf Cart, in the Indian market. Over 30 MW of EV charging facilities have already been installed by the corporation across the nation. From the Bawal manufacturing facility of Saera Electric Auto, ETO Motors has established an annual production capacity of hundreds of units.

“Saera’s fresh collaboration with a reputed brand like ETO Motors is another step towards our endeavor to ramp up clean mobility on the Indian roads. ETO Motors has long established its name in the automobile sector by ceaselessly working towards the financial and social betterment of this often ignored strata of society with a range of schemes, incentives, and benefits,” said Managing Director of Saera Electric Auto, Nitin Kapoor.