Porsche acquires minority share in Fazua

MUNICH, Germany - Automotive manufacturer Porsche has made a next step into the e-bike industry. The Bavarian company secured a 20% minority share in compact e-bike drive train manufacturer Fazua. Via a new strategic partnership, Pon Holding's investment company Poonoc is involved in this investment.

Continue reading this article?

  • Create an account under a minute and continue reading
  • Read 2 articles for free every month

Create an account instantly