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Porsche builds up e-bike engagement, takes stakes in Fazua & Ponooc

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. Specifically, Porsche is taking 20 per cent in Fazua GmbH. There is also an option to acquire […] More…

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