Mobility

Porsche buys 10% of Croatian electric car maker Rimac Automobili

Photo: Facebook/RimacAutomobili

Published

June 20, 2018

Country

Comments

0

Share

Published:

June 20, 2018

Country:

Comments:

0

Share

Automotive giant Porsche AG has acquired a 10% holding in Croatian technology and electric sports car company Rimac Automobili.

Rimac Automobili develops and produces electric vehicle components and manufactures electric super sports cars, and Porsche is seeking a development partnership with the young company, according to a news release from the German carmaker.

Rimac’s main focus is on high-voltage battery technology, electric powertrains and the development of digital interfaces between man and machine (HMI Development).

Rimac also develops and produces e-bikes under its subsidiary Greyp Bikes, which was founded in 2013.

As a co-investor in Rimac’s series B round led by China’s Camel Group Co. Ltd., Asia’s largest storage battery maker, Porsche AG concludes the company’s second capital raising round.

As of June 2018, founder and CEO Mate Rimac remains the majority shareholder of Rimac Automobili, the Croatian company said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment

Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Lithium research pozega residents dobrinja

Locals determined to block lithium research near Požega in Serbia

13 April 2021 - Jadar Lithium is due to start geological research on April 17. The residents of nine Požega villages are against drilling for lithium.

Activists gather at Ecological Uprising in front of Serbian parliament

Activists gather at Ecological Uprising in front of Serbian parliament

12 April 2021 - Thousands of protesters from all over Serbia and the region came to the Ecological Uprising, demanding protection for the environment and public health

Greece officially writes off four lignite fired thermal power

Greece officially writes off four coal-fired thermal power units

08 April 2021 - The plans for a coal phaseout in Greece seem to be accelerating as the only thermal power plant project may be switched to gas earlier.

Ecological Uprising protest April 10 Belgrade

Who will attend Ecological Uprising on April 10 in Belgrade?

06 April 2021 - The protest is organized by the Defend the Rivers of Mt. Stara Planina movement and backed by a total of 45 organizations.