Porsche Buys 20% Stake in Fazua
Porsche has continued its expansion into the cycling industry as it secures a 20% stake in Fazua with the option to buy more shares.
For an undisclosed sum, the German car manufacturer has purchased a 20% stake in the eBike motor and battery brand with the option to buy more shares leading to a potential buyout. Fazua has been developing motors and batteries for eBikes and eMTBs since it was founded in 2013 and its products are found on bikes from brands like Trek and Lapierre. Last year we saw Trek launch its lightweight XC eMTB the E-Caliber with Fazua's Evation drive system delivering 55Nm of torque from a 250 watt-hour battery, the bike weighed between 34 to 40lbs.
 | This investment by Porsche fuels the ongoing acceleration of Fazua’s positive company development. Together, we will put the pedal to the metal to advance our ‘better rides’ vision. |
Porsche has also announced that it will be forming a new collaboration with Ponooc, a venture capital arm of PON Holdings. Details are pretty light on what this will actually mean but the first step will be producing the next range of Porsche eBikes.
This is not Porche's first big purchase in the industry as we reported last year that the German car brand had bought a majority take in Greyp, this already followed the release of two bikes made in partnership with Rotwild.
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No, just the most successful race car in history. I have wild fantasies of being shuttled up the mountain in a 962c.
The most dominant vehicle of LeMans was a porsche, the 962. That was a mid engine car.
The second most dominant was the audi R8. That one probably cheated emissions.
While the engine was reliable and powerfull, the placement of it on the 911 is terrible. Thats why old school 911's were know as widowmakers. Even porsche knows this, because they make their entry level cayman/boxter so underpowered and just scaringly close on lap times to the 911, that they throw every bullshit eletronic nany to either make the 911 better or the cayman/boxter worse at the track.
By now, they know how to tame the pendulum effect.
www.roadandtrack.com/news/a38265385/porsche-718-cayman-gt4-rs-still-cant-beat-911-gt3-around-the-nurburgring
You could arguably say “if you put the same wishbone suspension up fro t, etc…it would win.” But we’re talking almost 10 seconds slower (7:04 vs 6:55). Same engine, same lack of nanny electronics, just different placement…you’re not gonna make up 10 seconds with a wishbone front end…
There’s no doubt the mid-engine is better and maybe the Cayman is what they want the 911 to be…but they’ve pretty much dialed in rear engine placement and shown that a mid engine street car isn’t really any better than a rear engine one…so at this point it becomes kind of moot.
And that is exactly what I was explaining. Porsche does everyting in their power to make the 911 faster!
Porsche doesn't want the 718 to be faster.
718 Have 100 hp LESS! 420 vs 520!
Come on! Looks like you are not even trying! 718 doesn't need the full double wishbone front suspension or rear wheel steering, it just needs the same power to be faster than the 911!!
if my experience working with other companies under the umbrella of the company who owns the company i work for is anything to go by, this means absolutely nothing. but hey, interesting nonetheless. If we're lucky it might mean lighter, more energy dense batteries coming to the E-mtb market
Hahaha, all that development for that conclusion xD
The lighter/nimbler options, like the insanely expensive Specialized e-bikes that are out now, and whatever trail-bike successor to Trek's Fazua powered XC bike may come out, seem like they'd be neat, though - if you don't lose too much of the trail bike goodness and have the assist to allow you an extra lap, that could be pretty cool.
s14761.pcdn.co/wp-content/uploads/sites/2/2019/07/Porsch-E-MTB-Rotwild-RX-Turbo-023.jpg
Ye olden days Porsche offering:
collectingcars.imgix.net/004081/29-04-21-JS-01.jpg
I remember them days of yellow Grip Shift
The sealing the system uses is just not good enough for an MTB. Hopefully with a bit more funding they will be able to fix these issues.