Electric supercar maker Rimac receives over $500 million investment from Porsche and others

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Rimac Group, the Croatian maker of exotic electric supercars that now controls Bugatti, announced that it received €500 million, or about $536 million in new investment

. Among those involved in the new investment round is Porsche, which already owns about one quarter of the company.

Rimac was founded in 2009 as Rimac Automobili, with a goal of producing high-horsepower electric supercars. The company also contracted with other automakers, such as Aston Martin and Sweden's Koenigsegg, to develop and produce high-performance electric drive components for high-end cars.The company separated its supercar-making operations from its EV components business last year, with Rimac Group overseeing both of the new companies.

 

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