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Project 321 relocates to Canada, teases new G3 hubs

Canadian precision manufacturing firm North Arc Precision acquired Bend, Ore.’s Project 321, the company announced on its website today. Project 321’s assets will now exist under the umbrella of a newly formed stand-alone entity called Project 321 Inc. Those include the rig it built its reputation on: the G2 Hub, a hub with magnetically-actuated pawls.

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e-Bike, industry news, News -

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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