Fazua Based in Ottobrunn near Munich, Fazua specializes in lightweight and compact drive systems for e-bikes that are fully integrated into the frame and completely removable. The startup has thus established a new category of 'light e-bikes'. According to the company, more than 40 well-known brands already rely on the Munich startup's technologies. As has now been announced, Porsche is acquiring all shares in Fazua; however, a purchase price was not disclosed. Lutz Meschke, Deputy Chairman of the Executive Board of Porsche AG and Member of the Executive Board for Finance and IT, says about the current development:
"With Fazua, we have found a strong partner with extensive experience in the bicycle industry. Fazua is known among experts as the founder of the 'light e-bike' category – a company with a high level of innovation that perfectly fits the pioneering spirit of the Porsche brand."
In addition to Fazua – which, by the way, stands for the Bavarian “Fahr zu!” – Porsche already owns the majority of the Croatian e-bike brand Greyp.
Future generation of Porsche e-bikes
According to the company, Porsche's e-bike activities will be combined with the Dutch company Ponooc Investment BV through the establishment of two joint ventures. The first will develop, manufacture, and distribute a future generation of Porsche e-bikes. The second joint venture will focus on technological solutions for the rapidly growing micromobility market. Independent of the joint venture activities, Porsche will continue to work with its partner on its current e-bike models. Red deer together.
