The amount of the acquisition is unknown. Here to a recent interview with FAZUA Co-Founder Fabian Reuter in the Süddeutsche Zeitung (without paywall).
The Stuttgart-based sports car manufacturer now wants to make greater use of this know-how in the attractive and fast-growing e-bike market.
About FAZUA FAZUA, [fà]-[zuà]! - Bavarian for "Drive to!" FAZUA GmbH specializes in innovative, compact drive technologies and concepts for aesthetic, agile and lightweight e-bikes. The company was founded in 2013 with the vision of establishing a new cycling culture - through minimalistic, intuitive products that promote the natural feeling of riding and thus get more people excited about cycling. Today, over 40 renowned bicycle manufacturers rely on the forward-looking technology of the young, diverse FAZUA team. Development, design and manufacturing take place at the company's site in Ottobrunn near Munich.
Image (c) Fazua