In September 2017, KTM Industries AG acquired a 49.9% stake in PEXCO GmbH. The company, founded by the German Puello family of entrepreneurs in July 2017, specializes in e-mobility. From 2018, PEXCO electric two wheels will be launched onto the market under the “Husqvarna” and “Raymon” brands. The aim of this is to become a technology leader in the zero emissions sector for lightweight vehicles and to take the next major step in the field of e-mobility.