Thursday, February 10, 2022

Porsche acquires stake in Fazua

Porsche is acquiring 20 percent of the shares in Fazua GmbH. Fazua produces innovative e-bike drive systems. These drives are already included in the Cyklaer bikes designed by Storck and Porsche Digital.

A Porsche press release about the acquisition states, "The Stuttgart-based sports car manufacturer now wants to make greater use of this know-how in the attractive and fast-growing e-bike market."

Porsche is also establishing a strategic partnership with Ponooc Investment B.V., a Dutch company that focuses on sustainable energy and mobility solutions. Together with Ponooc, Porsche plans a joint venture to develop, manufacture and distribute a future generation of high-quality Porsche e-bikes.

In short, more Porsche Bikes are on the way!

No comments:

Post a Comment

Porsche Bike R Coast & Coast Adventure completed

With a bit of luck, last year I was able to buy a well-used 1999 Porsche Bike R. I have wanted a Porsche road bike for sometime, but they ar...