Porsche is acquiring German e-bike company Fazua in its latest micromobility purchase
Porsche’s electric bike shopping spree isn’t over. The German automaker announced Thursday that it would be acquiring Fazua, an e-bike drivetrain manufacturer that specializes in lightweight motors. After buying a 20 percent stake in the company earlier this year, Porsche said it would acquire all of Fazua’s shares, making it the latest e-bike company to come under the automaker’s control. Porsche acquired a majority stake in Croatian e-bike company Greyp (pronounced like the fruit) late last year. Fazua is an intriguing purchase for Porsche and could indicate the direction of the company’s future lineup of e-bikes. The Fazua Drive System, which unites the battery with the motor into one single unit, weighs only 4.6kg (10 pounds) and... Continue reading…
Porsche’s electric bike shopping spree isn’t over. The German automaker announced Thursday that it would be acquiring Fazua, an e-bike drivetrain manufacturer that specializes in lightweight motors.
After buying a 20 percent stake in the company earlier this year, Porsche said it would acquire all of Fazua’s shares, making it the latest e-bike company to come under the automaker’s control. Porsche acquired a majority stake in Croatian e-bike company Greyp (pronounced like the fruit) late last year.
Fazua is an intriguing purchase for Porsche and could indicate the direction of the company’s future lineup of e-bikes. The Fazua Drive System, which unites the battery with the motor into one single unit, weighs only 4.6kg (10 pounds) and...
