Porsche wants to develop its own e-bike drives

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DPA

German sports car manufacturer Porsche wants to develop its own drive systems for e-bikes in future and use them in its own bicycles. Two joint ventures with the Dutch company Ponooc Investment have been founded for this purpose, the Stuttgart-based company announced on Monday. Porsche eBike Performance GmbH, based in Ottobrunn on the outskirts of Munich, is to develop electric drive systems for bicycles. This includes motors, batteries and the necessary software architecture for connectivity solutions, according to the statement. P2 eBike GmbH, based in Stuttgart, would use these drive system…

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