Posts Tagged ‘Porsche’
World Briefs: Giant, VanMoof, Zipp, MINI, Greyp, Trek & POC.
Giant has released fifth-generation ranges for both its Defy endurance road bikes and Avail Advance line-up, featuring totally reengineered frames and purposed built components for each line. The Avail range, released under the company’s Liv brand of female-specific bikes, trims more than 100 grams off its framesets compared to their predecessors – 128 grams for…
Product Briefs: The Beam, WAU, Ortlieb and Porsche
Paris, France French start-up The Beam has launched an eye-catching new helmet that, at first glance, resembles a full-face downhill helmet but is designed very specifically for urban commuters. The Virgo is a full-face helmet weighing just 650 grams and styled for the urban market, including an LED light at the back. It is specifically…
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…
Porsche Moves to Grab Majority Stake in Greyp Bikes
Zagreb, Croatia German high-performance car manufacturer Porsche is moving to increase its stake in Greyp Bikes, confirming it plans to acquire a majority stake in the Croatian company by the end of this year. The move, which is awaiting approval by regulatory bodies, continues an escalating trend in automotive companies buying into the bike industry,…