Porsche is Increasingly Investing in e-bikes
Porsche continues to invest in e-bikes. After taking over the manufacturer Greyp Bikes last year, the company now has a 20 percent stake in Fazua, a manufacturer of pedelec drive systems. The sports car manufacturer is also entering into a strategic partnership with the Dutch Ponooc Investment BV, which specializes in sustainable energy and mobility solutions. The investment company belongs to Pon Holdings, a trading and service company with around 16,000 employees worldwide, which is active in the bicycle industry and the automotive business, among other things.
Porsche continues to invest in e-bikes. After taking over the manufacturer Greyp Bikes last year, the company now has 20 shares.
Porsche reserves the option of further shares in Fazua, which allow for a complete takeover. The company from Ottobrunn near Munich was founded in 2013 and is a pioneer in the development of light and compact drive technologies. It established the new category of "light e-bikes" and employs more than 100 people. More than 40 well-known brands already rely on Fazua technologies. The parties have agreed not to disclose the purchase price.
With Ponooc, Porsche is planning to establish two joint ventures that will be active in the field of electromobility. The first joint venture is to develop, manufacture and sell a future generation of high-quality Porsche e-bikes. The second company will focus on technological solutions for the rapidly growing micro-mobility market. In addition, Porsche Digital GmbH is building a platform for digital services related to the cycling experience under the Cyklær brand.
Motorrad, Zweirad & Mehrspur, Unternehmen, Porsche, E-Bikes, Fazua, Ponooc.
Irrespective of this, Porsche continues to work with its long-standing partner Rotwild on its own e-bikes.
Porsche joins Fazua
Porsche relies on e-mobility. It starts well below the Taycan. And the area is expanding.
Porsche is further expanding its involvement in the e-bike sector. After the founding of the e-bike brand Cyklaer together with Storck last year and the complete takeover of the pedelec manufacturer Greyp at the end of 2021, the third coup will now follow with the entry into Fazua. At the end of January, Porsche initially secured a 20 percent stake in the specialist for e-bike drives. Founded in 2013 in Ottobrunn near Munich, the company has made a name for itself with the particularly compact, lightweight and removable Evation drive. As Fazua reports, Porsche was also given the option to purchase additional shares and the possibility of a complete takeover.
Porsche has significantly expanded its know-how in e-mobility in recent years and has been offering a purely battery-electric model with the Taycan since 2019. Last year, 40 percent of all Porsches delivered in Europe were electrified. The long-established company obviously also wants to use its electrical expertise to participate in the rapidly growing e-bike market.
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