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Auto interest in electric bikes grows as Porsche buys Greyp

November 19, 2021

GreyP Bikes has announced that Porsche has upped its stake in the business from ten percent to a holding that gives it a majority control of the company. Porsche first took an interest with its early stake in 2018 via its investment vehicle Porsche Ventures. The initial stake was acquired at the same time as the investment in Rimac Automobili. Cycling Industry News