Saietta Group appoints new CEO to drive eDrive systems growth

David Woolley, who has 35 years’ experience across automotive and electric mobility sectors with a focus on driving the transition to electric propulsion, joins joins Saietta as it goes into series production of its innovative eDrive solutions in the UK and India

Autocar Pro News Desk By Autocar Pro News Desk calendar 20 Sep 2023 Views icon1870 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Saietta Group appoints new CEO to drive eDrive systems growth

Saietta Group, the British electric drivetrain (eDrive) specialist, has announced the appointment of David Woolley as Chief Executive Officer to build on the company’s success and drive further growth.

With the appointment, effective from October 2, Woolley joins Saietta at the point of inflection for the business as it goes into series production of its innovative eDrive solutions both at its existing manufacturing plant in Sunderland, UK and its all-new production facility in Delhi, India.  

Woolley brings a broad base of experience over a 35-year international career in leadership positions. For more than a decade, he was CEO of Concentric AB, a Swedish NASDAQ-listed company which is one of the world’s leading pump manufacturers. Since 2017, he has focussed on the transition from the internal combustion engine to electric vehicles, specifically in the development of motors, controllers and software for eTrucks, eBuses and eMachines.  

Prior to joining Saietta, David was CEO at VIE Kapital AB, which invests in technology-based manufacturing companies primarily focussed on electrification and decarbonisation. 

Tony Gott, executive chairman and interim CEO of Saietta Group, said: “We are pleased to welcome David to the Saietta team at a key time for the business as we move into series production of our innovative eDrive solutions at our manufacturing plant in Sunderland, UK, and at the new production facility in Delhi. David brings unrivalled experience from across the industry including a deep understanding of Saietta’s strategically important Indian market. His experience in driving the transition to electrification will be invaluable for the development of our future strategy and product portfolio.”

Commenting on his appointment, David Woolley, said: “I believe that Saietta’s innovative technologies have a pivotal role to play in delivering electrification, especially in the lightweight vehicle sector. I am delighted to join the team at such an exciting point on its strategic journey as we ramp up production in the UK and India and strengthen our product portfolio for the future. I am looking forward to delivering the next stages of the Saietta strategy with the team to deliver sustainable, profitable growth.” 

Tony Gott will continue his role as Executive Chairman until the end of the financial year when he plans to return to his position as Non-Executive Chairman. 

ALSO READSaietta and HCLTech develop VCU for EVs in Asia, Saietta VNA to make in India from Q3 2023

Saietta eyes e-drive exports from India to ASEAN, European markets

Saietta and AVTEC sign e-drive supply pact for Indian EV market

EV sales in India in January-September 15 surpass CY2022’s record 1.024 million units

JLR to roll out Pirelli FSC-certified natural rubber tyres across its range

auther Autocar Pro News Desk calendar12 Jul 2024

The British luxury car manufacturer will be the first to adopt FSC‑certified tyres at scale, transitioning all tyres fro...

Volvo sells 388,073 cars in H1 2024, up 14%, electrified models share rises to 45%

auther Autocar Pro News Desk calendar12 Jul 2024

In the first six months of 2024, sales of electrified models at 173,668 units were up 27% YoY and accounted for 44% of t...

Iveco wins 900-bus contract worth 225 million euros from Austria

auther Autocar Pro News Desk calendar12 Jul 2024

The Rs 1,977 crore contract is for 540 Crossway buses to be delivered by the end of 2026 and an option for further 380 u...