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    Porsche Invests In Electric Carmaker Rimac Automobili For EV Technology

    by Swati Sanchayi on Thursday, Jun 28 2018

    Porsche Main

    By buying a 10 percent stake in Croatian electric hypercar maker Rimac, Porsche AG has invested in the technology and electric sports car company. Though, the official reason is still unknown but it is said that the German carmaker has made the investment to use Rimac’s electric powertrain technology in future models. Rimac develops and produces electric vehicle components and manufactures electric super sports cars and as part of its electrification plan, Porsche might be seeking a development partnership with the company.

    Commenting on the investment, Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT - Porsche said, "By developing the purely electric two-seaters super sports cars, like the 'Concept One' or 'C Two', as well as core vehicle systems, Rimac has impressively demonstrated its credentials in the field of electro-mobility. We feel that Rimac's ideas and approaches are extremely promising, which is why we hope to enter into close collaboration with the company in the form of a development partnership."

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    ABOUT THE AUTHOR

    A diverse bilingual (English and Hindi) Copywriter and Content Creator based in New Delhi, India. With a degree in Journalism, I always had an inclination towards writing.

    As a writer, I have worked on content related to automobile, technology, travel, lifestyle, photography and many more.

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