The next Porsche electric bikes are a certainty. The company invests in Greyp

Earlier this year, Porsche provided the world with two electric bikes – the Porsche eBike Sport and the Porsche eBike Cross for $ 10,700 and $ 8,549, respectively. They combined carbon frames and lightweight Shimano EP8 motors with 85Nm of torque in a 2.6kg magnesium housing. It looks like the business has been successful, because from the recent investment in Greyp, Porsche electric bikes may gain significant importance.

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1 Greyp will get a new majority shareholder. High-end Porsche electric bikes are almost certain

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Greyp will get a new majority shareholder. High-end Porsche electric bikes are almost certain

Porsche is clearly trying to go even deeper into the e-bike market. The company has just announced that it has acquired a majority stake in Greyp Bikes, becoming an important player in the stock market game for this Croatian eBike company. Until now, Porsche has only been a minority shareholder, but looking at it having previously made significant investments in Rimac, the investment in Greyp (Rimac’s spin-off brand for eBike) does not seem strange at all.

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As it happened, Porsche acquired a 10% stake in Greyp in 2018 at the exact same time as it invested in Rimac. Earlier this year, Porsche closed its almost 25% ownership stake in Rimac, and has now decided to go even further with Greyp. This reaction was triggered by a third-party attempt to buy a sizable controlling stake, which Porsche competed with its “pre-emptive right”.

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The acquisition is expected to close early next year, when Porsche will become the majority investor in Greyp and Rimac’s original founders and CEO Mate Rimac will remain the minority.