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 has taken over Fazua, a manufacturer of light and compact drive systems for e-bikes. The take over follows Porsche earlier taking a 20-per cent stake in the German start-up. It is also part of a drive at Porsche to expand its e-bike business.
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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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