OTTOBRUNN, Germany (BRAIN) — Porsche announced it will develop an e-bike drive system in the next few years, collaborating with Pon Holdings' Ponooc Investment B.V.Motors, batteries, and software will be designed by Porsche eBike Performance GmbH, located in Ottobrunn. Jan Becker, former CEO of Porsche Lifestyle GmbH & Co. KG, takes over as chairman of the management of Porsche eBike Performance. In June, Porsche announced the acquisition of the remaining 80% of shares in German e-bike drive system Fazua GmbH, which will merge into Porsche eBike Performance. In addition to Fazua compact drive systems, Porsche eBike Performance will develop and produce "particularly powerful e-bike drive systems" under the Porsche brand name. In March 2021, the company launched two models, the Porsche eBike Sport and the eBike Cross.

Source: CNN August 02, 2022 19:10 UTC