SAXY Brand was previously owned by famous German Brand –SACHS. Saxy brand was registered in 1950 by SACHS as its gasoline driven motorcycle business brand in Germany. SACHS was owned by world famous automotive Group-ZF Friderichshafen AG group. Hongji bike Group acquired SAXY brand in 2021 to grow its Ebike business internationally. Hongji Bike group will use SAXY German brand to tap into Ebike business for global exposure, liberating the old gasoline driven motor-cycle brand into modern Electrified era of Micro Mobility.