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

Federation of BiH to invest USD 70 million in air quality improvement sarajevo

Federation of BiH to invest USD 70 million in air quality improvement

09 June 2023 - The World Bank has approved a USD 50 million loan to the Federation of Bosnia and Herzegovina

low carbon strategy serbia

Serbia adopts Low Carbon Development Strategy

07 June 2023 - The most expensive scenario for the country is to ignore the costs related to climate change, the document said

CAN Europe Western Balkan contries in preparing NECP national energy climate plan

CAN Europe: Western Balkans took little to no action in preparing NECPs

05 June 2023 - In 2021, the obligation to adopt NECPs was postponed until 2024 at the latest while the deadline for delivering drafts is June 30, 2023

International Congress on Process Industry Processing '23 serbia sabac

36th International Congress on Process Industry – Processing ’23. to be held on June 1-2 in Serbia

24 May 2023 - The two-day event will be held in Šabac, where domestic and foreign experts will present 65 papers classified into 11 thematic groups