Porsche lifts stake in Croatian electric car maker Rimac Automobili to 15.5%
Automotive giant Porsche AG has increased its share in Croatian technology and electric sports car company Rimac Automobili to 15.5%, from 10% it acquired in June last year. In May this year, Hyundai Motor Company and Kia Motors Corporation decided to invest EUR 80 million in Rimac Automobili. “As Porsche increases the scale of its […]
Hyundai Motor, Kia Motors to invest EUR 80 million in Rimac Automobili
Hyundai Motor Company and Kia Motors Corporation have jointly invested EUR 80 million in Croatian technology and electric sports car company Rimac Automobili. Hyundai and Rimac Automobili will also join forces in the development of high-performance electric vehicles (EVs). According to Rimac Automobili’s news release, Hyundai Motor will invest EUR 64 million, while Kia Motors […]
Porsche buys 10% of Croatian electric car maker Rimac Automobili
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 […]
Rimac: German company to build factory for electric vehicles in Serbia
Mate Rimac, the founder of Croatia’s electric carmaker Rimac automobili, announced on social networks that a major German automotive company will build a factory for the production of electric vehicles’ engines in Serbia. On his social network account, Rimac wrote that he was recently at the meeting of the board of directors of a major […]