Sep 8, 2019

Porsche Increases Its Stake In Rimac Automobili From 10% To 15.5%

Posted by in categories: sustainability, transportation

Porsche just released a new car that can not compete with Tesla, so what to do? Invest in someone who can.

Porsche and Rimac Automobili strengthens their partnership related to high-performance EV technology development.

The German manufacturer initially took 10% of Rimac Automobili and 10% of Rimac’s subsidiary Greyp Bikes in June 2018.

We assume that as Rimac has proven high value and quick progress, Porsche was convinced to further increase its stake to 15.5%.

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