Porsche embraces electric drive in more than one way as company acquires 20% of Fazua GmbH manufacturer of eBikes drive systems
The automaker claims that Fazua has created the lightweight eBike category as more than 40 brands rely on its technology.
Although the Fazua is not known, Porsche described it as «Innovative manufacturer of eBikes drive systemsAnd “pioneers in the development of lightweight, compact motion technologies”.
The companies did not disclose the amount of the acquisition, but Porsche said it “has the ability” to buy additional shares and may “take over Fazua in full”.
Porsche also announced a “strategic partnership” with Ponooc Investment BV and calls for the establishment of two joint ventures to focus on electricity mobility.
The first agreement includes the development, manufacture and distribution of Porsche electric bicycles, to be produced in the future. The second consortium is a bit more mysterious, but Porsche said it would focus in «technological solutions in the rapidly growing micro-mobility market».
As the acquisition and the joint ventures are subject to antitrust approval, Porsche keeps περισσότερες more details secret. However, the company said that the eBikes market is «attractive and fast growing» and noted that they want to combine their know – how with «Fazua and Ponooc know-how for the market».
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