Porsche acquires stake in Fazua and plans joint ventures with Ponooc to expand involvement in e-bike market
Green Car Congress
FEBRUARY 11, 2022
Porsche is further expanding its involvement in the rapidly growing market for e-bikes by acquiring a stake in Fazua , an innovative manufacturer of e-bike drive systems, and establishing a strategic partnership with Ponooc Investment B.V. Porsche is acquiring 20% of the shares in Fazua GmbH. Ponooc is part of Pon Holdings B.V.—a
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