Tuesday, October 19, 2021
News Porsche Increases Its Stake In Rimac Automobili To 15.5%

Porsche Increases Its Stake In Rimac Automobili To 15.5%

Porsche and Rimac’s relationship has moved to the next level now that the German sports car maker has increased its stake to 15.5%

As another sign that joining forces, and not exclusively competing against each other, is the way to go. Porsche further strengthens its position with Rimac Automobili by increasing their stake in the company by 50% for a total of 15.5%, from 10%.

It was in June of 2018 that Porsche first initiated a development partnership with Rimac when they purchased a 10% stake in the electric car start-up based in Croatia. The company develops and produces high-performance electric drives and battery systems in-house but is best known for its electrically powered super sports cars.

At the 2018 Geneva International Motor Show, Rimac uncovered their most recent electric car, the C_Two. This two-seater hyper-electric-car produces nearly 2,000 PS (1,970-horsepower), has a top speed 412 km/h all the while providing a 650 km range based on the New European Driving Cycle (NEDC). Very similar to the recently revealed Porsche Taycan, the Rimac C_Two can be recharged to 80% within half an hour thanks to a 250 kW fast charging system.

Founder Mate Rimac (31) says that “Gaining Porsche as a stakeholder was one of the most important milestones in our history. The fact that Porsche is now increasing its stake is the best form of confirmation for our collaboration and represents the foundation for an even closer relationship. We are only at the start of our partnership – yet we have already met our high expectations. We have many collaborative ideas that we aim to bring to life in the future. The fundamental focus is creating a win-win situation for both partners and offering our end customers added value by developing exciting, electrified models.”

Trending Now

Lucid Air to Start at $105,000 in Canada

Three trim levels will be offered for the Air The Dream edition has the longest range of any electric cars, at 830 kilometers ...

Amazon Will Help Rivian Grow

  Amazon owns a 5% stake in Rivian Rivian is making electric delivery vans for Amazon The van order from Amazon is worth $4.5...

The Volkswagen ID.3 will be Facelifted in 2023

The cool new ID.X highlights some of the changes to come. Some interior updates are only a month away. First German deliveries began...

France to invest in electric car production

  4 billion euros will be allocated to the transport sector, mostly electrification France has suffered from industrial decline since the 90s These measures...

Mercedes-Benz Preparing an EQE SUV to Pit Against the Tesla Model X

The EQE SUV will be a counterpart to the upcoming EQE sedan It should have a range slightly below 373 miles (600 kilometers)...
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.