German electrification specialist pepper motion finds new investors from Turkey

pepper motion was lately declared insolvent. Quite a challenging position, which started in February 2024, with the company looking for new investors. Now, German sources state that an unknown Turkish group acquired pepper motion, bringing a possible strategic reorganization.

By segreteria

We’ve been following quite in the latest years the evolution of pepper motion, a German company focusing its activity on electrification. At first, the company was supposed to start manufaturing electric vehicles. Later on, pepper management was forced to restructure the company itself, thus limiting the activity to supply its innovative electric drive system to third parties. So, electrification kit was supposed to be the technological core of pepper motion.

Then, the German player was lately declared insolvent. Quite a challenging position, which started in February 2024, with the company looking for new investors. Now, German sources state that an unknown Turkish group acquired pepper motion, bringing a possible strategic reorganization. Indeed, the latest news spread by pepper was about an expected will to approach the potentially huge Indian retrofit market. Let’s see what will happen, and whether the company’s plans will be confirmed.

Highlights

Related articles

Tata Motors to complete Iveco Group acquisition by Q3, 2026

The entire operation was announced more or less one year ago. The news comes from several media platforms, including Indian ET Auto. The international website quotes Tata Chairman N Chandrasekaran, speaking at the company's annual general meeting.

Scania deploys first hybrid trucks in the Defense sector

At Eurosatory in Paris, Scania handed over the first of three hybrid trucks to FMV (the Swedish Defence Materiel Administration) as part of a joint development project. Indeed, FMV purchased the vehicles with the aim of testing and further developing the technology "in close dialogue between industr...