The e-bike joint ventures launched by Porsche and Ponooc (part of Pon) are gaining traction. The partners announced that Porsche eBike Performance GmbH and P2 eBike GmbH began business. You may expect to see Porsche-branded e-bike drives across many labels in future.
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Porsche expands its involvement in the rapidly growing market for e-bikes. The German sports car manufacturer announced it acquired a stake in Fazua, a manufacturer of lightweight e-bike drive systems, and established a strategic partnership with Ponooc Investment.
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Sweden’s young battery powerhouse and Volkswagen partner Northvolt has made a new client in the construction business. Pon Equipment, the Caterpillar dealer for Norway and the Netherlands, orders 90 battery systems from Northvolt for electric excavators, which select customers receive this Spring.
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Norway’s Pon Equipment joint hands with Caterpillar to electrify their digger Cat 323F. The electric excavator is currently biting its time testing but is set to show at a fair this May.
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