Car manufacturer Porsche’s e-bike division, located near Munich, has announced it will develop electric drive systems for two-wheel vehicles.
The production plans include motors, batteries and software architecture for connectivity solutions.
Porsche intends to use these drive systems to launch a new generation of Porsche e-bikes from the mid-2020s.
A management team has been appointed for the project, which includes Jan Becker, former CEO of Porsche lifestyle and Moritz Failenschmid, who is also managing director at Focus Bikes.
“We see great potential for Porsche in the e-bike segment,” said Lutz Meschke, deputy chairman of the executive board of Porsche AG and member of the executive board for finance and IT.
“This is why we are consistently expanding our activities in this area.
“Jan Becker and Moritz Failenschmid are proven experts when it comes to setting up and developing forward-looking and customer-oriented ventures.
“As part of a highly skilled and motivated team, they will prove this in the two joint ventures.
“As is characteristic of Porsche, it’s all about developing products that inspire people through intelligent design, sophisticated technology and outstanding performance.”
In recent months, Porsche has acquired stakes in several companies in the e-bike sector, including Greyp, and Fazua.