Porsche cracks electric bike deal, focuses on expansion e-mobility offerings

Porsche is acquiring a major stake in Greyp, a Croatian electric-bike maker linked to its affiliate Rimac Automobili, with an intention to expand mobility choices beyond sports cars. The luxury automaker's venture capital arm already had a stake in the bike company of about 10 per cent and now the former wants to boost its holding following a takeover offer from a third-party investor.

File photo of Porsche logo.
File photo of Porsche logo.

Mate Rimac, founder of electric supercar Rimac, and other Greyp founders will retain a minority stake in the electric-bike firm. The takeover is expected to be finalised at the end of the year, stated a report by Bloomberg.

Also Read : Porsche Taycan EV range grows with new GTS and GTS Sport Turismo variants

Porsche is focused on its electrification goals and with its all-electric Taycan, which has come at par with the rest of the company's popular models, and the range is growing as the automaker recently introduced Porsche Taycan GTS and Porsche Taycan GTS Sport Turismo shows that the company is not shying away to expand on options concerning electric mobility. Chief financial officer Lutz Meschke said in a statement that the brand is consistently driving forward its e-mobility strategy. “Our activities in the e-bike sector underline our consistent approach," he said.

Also check these Bikes

Find more Bikes
Battre Electric Mobility Battre Electric Loev (HT Auto photo)
₹59,900**Ex-showroom price
Add to compare
Add to compare
Battre Electric Mobility Battre Electric One (HT Auto photo)
₹74,000**Ex-showroom price
Add to compare
Battre Electric Mobility Battre Electric Iot (HT Auto photo)
₹79,999**Ex-showroom price
Add to compare
Tunwal Sport 63 48v (HT Auto photo)
₹49,990**Ex-showroom price
Add to compare
Triumph Tiger 850 Sport (HT Auto photo)
₹ 11.95 Lakhs* *Ex-showroom price
Add to compare
Check latest offers

Also Read : Taycan EV, Porsche's quickest-ever car, is now in India. Check details

Porsche developed two electric bikes in March and now wants to focus and apply the expertise that it has gained in the creation of EVs in the two-wheeler sector. It also made a massive investment of 15 billion euros in order to develop new technology in the next five years with an amount of 6.5 billion euros dedicated to the production of partly or fully battery-powered vehicles.

First Published Date: 20 Nov 2021, 12:41 PM IST
Shopping Bag Shop Now
74% OFF
IDELLA Car Duster, Extendable Long Handle Microfiber Car Duster Exterior Scratch Free Car Cleaning Tool, Car Dust Brush for Truck, Pickup, SUV, RV, Motorcycle, Vehicles Cleaning,(Multicolor)
Rs. 238 Rs. 899
55% OFF
Antson Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable, Portable,Rechargeable Vacuum (2 in 1)
Rs. 899 Rs. 1,999
74% OFF
Microfiber Car Cleaning Soft Brush Ideal as Mop Duster, Washing Brush with Long Handle, Dust Cleaner Car Wash Brush with Handle, Soft Brush Scratch Free, Cleaning Dashboard Curved Design - Grey
Rs. 389 Rs. 1,499
1% OFF
GOODAIR Clear Car Windshield Enhancer | Classic |12 Tablets
Rs. 295 Rs. 299

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
Powered by: Acko Logo
Please be noted that any information provided herein above will be received by Acko General Insurance Limited (“Acko”). By mentioning the above information, you agree to provide these details and information to Acko.
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.