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

Liquid tree against air pollution in Belgrade

Liquid tree to combat air pollution in Belgrade

25 November 2022 - Liquid 3 is a photo-bioreactor with microalgae that cleans the air and serves as a bench in the Belgrade city centre

reri court order EPS sulfur dioxide air pollution

Court orders EPS to cut SO2 emissions due to harm to human health, environment

23 November 2022 - An earlier study showed that thermal power plants in the Western Balkans emit 2.5 times as much SO2 as those in the EU

belgrade university committee for environmental protection ratko ristic

Professors from University of Belgrade establish Committee for Environmental Protection

18 November 2022 - The professors said that the state should rely on domestic wisdom and expertise for the preparation of the strategic decisions in the energy sector

Rio Tinto InoBat battery gigafactory Serbia

Rio Tinto–backed firm InoBat plans to build battery gigafactory in Serbia

15 November 2022 - InoBat is considering options for a battery plant in Serbia, claiming the government offered massive incentives. Environmentalists said they won't allow it.