German medical generation company Meisterwerk Ventures has partnered with Bio-Hybrid’s control team in Nuremberg and Berlin, a micromobility company within Schaeffler’s automotive supplier organization, to purchase the start-up of its parent company.
Schaeffler began painting the progression on a four-wheel electric motorcycle in late 2017, but the main monetary points of the agreement were not revealed, although he said the 25 jobs in Nuremberg and Munich would be maintained.
The new control team will work across Meisterwerk’s two existing new companies: Midge Medical, which runs on COVID-19 cellular genetic technology, and AICURA Medical, which features an AI-based fitness platform.
Meisterwerk Ventures is owned by five venture capital partners, joined by Gerald Vollnhals, formerly schaeffler’s Bio-Hybrid division, who is the MANAGING director of Bio-Hybrid GmbH.
Bio-Hybrid’s micro vehicle “combines the freedom and maneuverability of a motorcycle with the load capacity and climate coverage of a small car,” the company says.
Like the electric cycling car recently introduced through the German Canyon motorcycle logo, the Bio-Hybrid is an electric pedal vehicle that can be driven with a driver’s license on motorcycle roads.
Bio-Hybrid said production of its vehicle, which will have cargo, passenger and pick-up versions, will begin in the same quarter of 2021 and initial sales are expected to be “four digits,” he continued.
“The bridge between motorcycles and cars,” Vollnhals said.
The vehicle will be distributed in two EU elegance: the elegance of electric motorcycles, with a maximum speed limit of 15 mph, and the elegance of the 50 mph L7E scooter. the road, adding the Renault Twizzy, the Carver tricycle and the Canta microcarmobile, a two-seater that is noticed on Dutch motorcycle roads.
The Schaeffler Group was formed in 2003 when ball bearing manufacturer FAG partnered with automotive corporations INA and LuK. In 2019, Schaeffler generated sales of around 14. 4 billion euros.
FAG founded in 1875 through Schweinfurt motorcycle mechanic Friedrich Fischer, who began a search to produce better ball bearings for cycles he produced in the bicycle shop he had opened 3 years earlier. Import of balls from England, where the generation had been perfected in 1883 made its first ball grinder.
In 1887, the six ball grinders of their first automatic molded metal ball factory produced in mass geometrically the best marbles for footprints.
In 1896, “Ball-Fischer” sold his motorcycle shop. First, its expanded plant produces five million bales each week, its company has become Fischer AG or FAG, and when it began supplying the nascent automotive industry, it has become one of the world’s leading manufacturers of ball bearings.
I’m a transport journalist from 2018 in the Press Gazette. I’m also a historian: my most recent books include “Roads Were Not Built for Cars” and “Bike Boom,” both
I’m a transport journalist from 2018 through Press Gazette. I’m also a historian: my most recent books include “Roads Were Not Built for Cars” and “Bike Boom,” published through Island Press, Washington, D. C.