Porsche acquires stake in Fazua and plans joint ventures with Ponooc

Porsche Newsroom
Feb 10, 2022, 3:00 am327 pts
Porsche is further expanding its involvement in the rapidly growing market for eBikes. The Stuttgart based sports car manufacturer acquires a stake in Fazua, an innovative manufacturer of eBike drive systems, and establishes a strategic partnership with Ponooc Investment B.V.

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