Porsche pares e-bike ambitions amid margin squeeze

Porsche AG will shut down its e-bike drive-system subsidiary as part of a wider restructuring that underscores a sharper turn back towards its core sports-car business after weaker sales, tariff pressure and a costly recalibration of its electrification plans. The decision affects Porsche eBike Performance GmbH, the unit set up to develop high-performance electric bicycle drive systems for global markets, and forms part of a package that [...] The article Porsche pares e-bike ambitions amid margin squeeze appeared first on Arabian Post .
2026-05-11 08:31:40