Porsche is acquiring German e-bike company Fazua in its latest micromobility purchase
by Andrew J. Hawkins from The Verge - All Posts on (#6061D)
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...