When it comes to electric bikes, many automakers have started tossing their hats in the ring. But Porsche is one of the most aggressive so far at targeting the booming e-bike industry. The company’s latest announcement sees it rebranding Croatian e-bike company Greyp as Porsche eBike Performance.
The move actually rolls together three e-bike companies under the Porsche label, with electric bicycle drivetrain maker Fazua and Porsche’s own in-house e-bike group all becoming one big presumably happy family.
The saga started after Porsche created its own e-bikes a few years ago and began expanding into the electric two-wheeler space.
Greyp’s high-performance electric bikes proved enticing to multiple companies that sought to acquire the e-bike maker, and so Porsche decided to buy the rest of Greyp, fully acquiring the electric bicycle company.
All of Porsche’s e-bike endeavors are now being re-homed under one roof. As Greyp’s founder Mate Rimac explained, “the last step in that transformation is the name change to Porsche eBike Performance.”
Porsche eBike Performance was technically founded last August, though the company’s scope seems to be expanding.
At the time, Porsche founded two parallel e-bike companies.
The first of the two new companies became Porsche eBike Performance GmbH and was said to focus largely on the development of electric bicycle components including motors, batteries, and drive software.
Porsche eBike Performance GmbH was expected to draw heavily upon the technology developed by electric bicycle drive maker Fazua.
The second venture was named P2 eBike GmbH, and it was announced that the new company would use the drive technology developed by Porsche eBike Performance GmbH to produce complete electric bicycles for consumers.
Now it has been reported that the new business structure will include the German Porsche eBike Performance GmbH located in Ottobrunn, Germany, near Munich, and the Croatian Porsche eBike Performance Doo located in Sveta Nedelja, near Zagreb, Croatia.
Greyp is expected to live on as a brand within Porsche eBike Performance, though it is not yet clear to what degree the Greyp name will remain.
We’ve reached out to representatives for Greyp and will update if we hear back.
Electrek’s Take
It’s amazing how quickly automakers are now moving to snatch up a piece of the e-bike pie. Companies like Rivian, GM, Toyota, Polestar, Vinfast, BMW, and others are all tripping over each other while playing catch-up. Meanwhile, Porsche is rolling around with e-bike companies to spare.
Porsche is certainly ready to throw some real money around and that excites me as I think about what these companies can do with the help of Porsche’s resources.
That being said, I hope that companies like Greyp that had such strong company culture can still retain their character. I don’t want to be selfish here, but I was really enjoying the pairs of colorful Greyp socks that showed up in my mailbox each year at the holidays. That and riding those awesome e-bikes. Don’t ever change, Greyp!
FTC: We use income earning auto affiliate links.More.
The Top Gear TV show might be over, but its tamed racing driver – a masked, anonymous hot shoe known only as “the Stig” – lives on … and his latest adventure involves pitching the 1,400 hp electric Ford SuperVan demonstration vehicle around the famed Top Gear test track. Sideways.
In this video from the official Top Gear YouTube channel (is Top Gear just a YouTube show, now?), the boxy Ford racer seems to have sprouted an additional 600 peak horsepower in its latest “4.2” iteration, for a stout 2,000 hp total. For his (?) part, the Stig puts all of those horses to work in what appears to be a serious attempt to take the overall track record.
I won’t spoil the outcome for you, but suffice it to say that even the most die-hard anti-EV hysterics will have to admit that SuperVan is a seriously quick machine.
SuperVan 4.2: How fast can a 2000 hp transit go?
[SPOILERS AHEAD] Even with 2,000 hp, instant torque, and over 4,000 lbs. of aerodynamic downforce, the SuperVan wasn’t able to beat the long-standing 1st and 2nd place spots held by the Renault R24 (a legit Formula 1 race car) and the Lotus T125 Exos (a track-only special that sure looks like a legit Formula 1 race car), but after crossing the line with a time of 1:05.3, the Ford claims third place on the overall leaderboard.
You can check out the video (above) and watch the whole segment for yourself, or just skip ahead to the eight-minute mark to watch the tire-shredding sideways action promised in the headline. If you do, let us know what you think of Ford’s fast “van” in the comments.
Swedish multinational Sandvik says it’s successfully deployed a pair of fully autonomous Toro LH518iB battery-electric underground loaders at the New Gold Inc. ($NGD) New Afton mine in British Columbia, Canada.
The heavy mining equipment experts at Sandvik say that the revolutionary new 18 ton loaders have been in service since mid-November, working in a designated test area of the mine’s “Lift 1” footwall. The mine’s operators are preparing to move the automated machines to the mine’s “C-Zone” any time now, putting them into regular service by the first of the new year.
“This is a significant milestone for Canadian mining, as these are North America’s first fully automated battery-electric loaders,” Sandvik said in a LinkedIn post. “(The Toro LH518iB’s) introduction highlights the potential of automation and electrification in mining.”
The company says the addition of the new heavy loaders will enable New Afton’s operations to “enhance cycle times and reduce heat, noise and greenhouse gas emissions” at the block cave mine – the only such operation (currently) in Canada.
Electrek’s Take
From drilling and rigging to heavy haul solutions, companies like Sandvik are proving that electric equipment is more than up to the task of moving dirt and pulling stuff out of the ground. At the same time, rising demand for nickel, lithium, and phosphates combined with the natural benefits of electrification are driving the adoption of electric mining machines while a persistent operator shortage is boosting demand for autonomous tech in those machines.
European logistics firm Contargo is adding twenty of Mercedes’ new, 600 km-capable eActros battery electric semi trucks to its trimodal delivery fleet, bringing zero-emission shipping to Germany’s hinterland.
With the addition of the twenty new Mercedes, Contargo’s electric truck fleet has grown to 60 BEVs, with plans to increase that total to 90. And, according to Mercedes, Contargo is just the first.
Contargo’s 20 eActros 600 trucks were funded in part by the Federal Ministry for Digital Affairs and Transport as part of a broader plan to replace a total of 86 diesel-engined commercial vehicles with more climate-friendly alternatives. The funding directive is coordinated by NOW GmbH, and the applications were approved by the Federal Office for Logistics and Mobility.