Posts Tagged ‘Fazua’
Two More E-Bike Ventures for Porsche
Ottobrunn, Germany German performance car manufacturer Porsche has further escalated its involvement in the bicycle industry, launching two ventures his month as it seeks to launch a new generation of Porsche electric bikes from the middle of this decade. It has partnered with Dutch company Ponooc Investment B.V. to create Porsche eBike Performance GmbH, based…
Porsche Completes Fazua Purchase
Ottobrunn, Germany Sports car manufacturer Porsche has escalated its stake in e-bike drive system specialist Fazua, purchasing all the company’s shares. Porsche had acquired a 20% stake in Fazua in January and last week announced it had claimed the remaining shares. Fazua’s prominence as a manufacturer of particularly light and compact drive systems was enhanced…
Porsche Acquires Share of Fazua to Further Build e-Bike Involvement
Ottobrunn, Germany Porsche has further expanded its involvement in the rapidly growing e-bike market by acquiring a stake in drive systems manufacturer Fazua. Porsche is acquiring 20% of the shares in its fellow German company, with an option to purchase further shares which would allow Porsche to take over Fazua completely. Fazua, based in Ottobrunn…