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Porsche pours more cash into EV supercar company Rimac
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Old 2nd June 2022, 09:25   #1
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Default Porsche pours more cash into EV supercar company Rimac

Porsche is strengthening its relationship with EV supercar company Rimac, investing "eight figures" for a total ownership stake of 20 percent, TechCrunch reported. Rimac scored $500 million in total, with additional funds coming in from investment giants Softbank and Goldman Sachs. All of that is a huge vote of confidence in the company, which has become a key supplier and collaborator on EVs built by Hyundai, Porsche and other mainstream automakers.

https://www.engadget.com/porsche-pou...1.html?src=rss
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