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Porsche Increases Stake in Rimac to 15.5%

Auto News - Published on Tue, 10 Sep 2019

Image Source: https://newsroom.porsche.com
Porsche has increased its stake in technology and sports car company Rimac Automobili to 15.5%. In June 2018, the Stuttgart-based sports car manufacturer purchased a 10% stake in Rimac. Porsche is now strengthening the established partnership. Porsche initiated a development partnership with Rimac against the backdrop of its electric mobility campaign.

Mr Lutz Meschke, Deputy Chairman of the Executive Board at Porsche AG and Member of the Executive Board responsible for Finance and IT said that “Porsche has been supporting Rimac and its positive development for a year now. We quickly realised that Porsche and Rimac can learn a lot from each other. We believe in what Mate Rimac and his company have to offer, which is why we have now increased our stake and intend to intensify our collaboration in the field of battery technology.”

Source :

Posted By : Mohan Sharma on Tue, 10 Sep 2019
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