The world of electric supercars is heating up, and Porsche wants to be ready for the competition. Porsche and Rimac are increasing their collaboration in the future of electric tech with a new Series D round of funding from the Croatian brand. The Series D round is seeding with a total of around $536 million, and Porsche has committed to entering …
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Recent Posts from: Rimac
Porsche increases its ownership of Rimac-associated Greyp eBikes to majority
Back in 2018 Porsche bought a ten percent share of Mate Rimac's Croatian electric bike company Greyp. At the same time Porsche purchased a 25% stake in Rimac Automobili, maker of boutique electric hypercars. Since then the world has turned upside down, and now Rimac has merged with Bugatti and Porsche is 45% owner of that collaborative …
Continue to the full articleIt’s official: Bugatti to merge with Rimac with help from Porsche
Croatian electric hypercar manufacturer Rimac is making some really big moves, punching way above its weight class. For over a decade Bugatti has been the name that everyone thinks of when they picture a fast car, and Rimac just merged with the high-end French boutique manufacturer. There is something beautiful about one of the fastest and most …
Continue to the full articlePorsche will team with Croatia’s Rimac to take over Bugatti
Porsche wants to own a huge chunk of Croatian electric supercar manufacturer Rimac, and it is willing to go to some pretty great lengths to make that happen. For one thing, Rimac is scheduled to go public next year with a valuation of $6.06 billion. According to a report from Germany's Manager Magazin, the deal won't be straight cash, but a joint …
Continue to the full articlePorsche Is Working A Deal To Trade Bugatti For Part Of Electric Hypercar Maker Rimac
Croatian electric phenom Rimac Automobili has only been on the scene for a decade, but it's already making a splash. With electric performance quite obviously marked as the future of Porsche, the German automaker already owns a 15.5% stake in Rimac. The deal includes Porsche providing Rimac with manufacturing and engineering skills when needed, …
Continue to the full articlePorsche Buys A Stake In Croatian Electric Supercar Manufacturer Rimac
This morning, Porsche sent us an email with the following sentence in it, "Porsche AG has invested in the technology and electric sports car company Rimac Automobili by taking a minority shareholding of ten per cent." That sounds great, but what the heck is Rimac Automobili? Well, in case you hadn't yet heard of them, they're a young and small …
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