Porsche Buys Croatian Company of Mate Rimac – Greyp Bikes Develops and Produces e-Bicycles

The German Porsche has bought a majority stake in Greyp Bikes, a Croatian company which develops and produces electric bicycles, as Mate Rimac, the founder of Greyp, announced on social networks, and the news was also announced by Porsche on its pages.

Lutz Meschke, the Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche, says that this is a move whereby they have confirmed that they are steadily progressing with their e-mobility strategy.

– Our ambitious goal is to have a CO2-neutral balance in the entire value chain by 2030 – says Meschke.

Porsche has already invested in Greyp, and it has now utilized its contracted pre-emption right. The acquisition is expected to take place by the end of the year, and the whole process is still subject to regulatory approval, so it’s still not legally finalized, Greyp says.

Porsche

Greyp Bikes

Mate Rimac

Lutz Meschke

electric bicycle

e bicycle

sustainable mobility