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

  • 📰 cnni
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

that was an accidental butt retweet

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Porsche pours more cash into EV supercar company Rimac | EngadgetPorsche is strengthening its relationship with EV supercar company Rimac, investing 'eight figures' to keep its ownership stake at around 20 percent.. Why? If a Tesla can go as fast why would anyone buy a so called super electric car. Also porsche is going to implode itself if it’s planning to go electric. There’s no intrigue or cool factor buying an electric Porsche, no engine whine or cool upgrades
Source: engadget - 🏆 276. / 63 Read more »

Porsche pours more cash into EV supercar company Rimac | EngadgetPorsche is strengthening its relationship with EV supercar company Rimac, investing 'eight figures' to keep its ownership stake at around 20 percent.. Why? If a Tesla can go as fast why would anyone buy a so called super electric car. Also porsche is going to implode itself if it’s planning to go electric. There’s no intrigue or cool factor buying an electric Porsche, no engine whine or cool upgrades
Source: engadget - 🏆 276. / 63 Read more »

Binance Raises $500 Million Fund to Invest in ‘Web3' as Crypto Slides Into Bear MarketWeb3 aims to create a new version of the internet based on blockchain technology.
Source: nbcchicago - 🏆 545. / 51 Read more »