Porsche buys stake in Fazua light weight e-bike drive system
Last week, Porsche added another high-profile financial acquisition in the e-bike market. On February 10, Porsche acquired a substantial stake in e-bike drive system manufacturer Fazua. Porsche now owns 20% of Fazua GmbH. The agreement includes an option for the carmaker to buy more shares, which leaves the door open for majority ownership. The move
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