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Porsche and Rimac continue to strengthen their ties. This is done via a new investment by the German brand in the small Croatian manufacturer.
Already last year, Porsche had invested in Rimac to increase its stake to 24% in the Croatian firm. The German giant again injected a large sum to help with Rimac’s expenses.
The small start-up is investing $500 million to advance its electric hypercar project. Porsche will again participate in this investment tour. However, he will not have greater decision-making power.
Last year, the Stuttgart manufacturer added $70 million. This year, the amount remains unknown, but we know that it is counted in tens of millions of dollars. Porsche thus confirmed that it was a “eight digit sum”.
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“We are happy that Rimac has gained new investors”said Lutz Meschke, Deputy Chairman of the Board of Porsche. “We are optimistic about the continued development of this exciting company. »
With this new addition of capital, Rimac wants to recruit 200 more employees to expand. The objective is to improve its production capacities, in order to make “high volume projects”.
At the moment, Rimac manufactures its models with low volume. It plans to manufacture the Nevera, its 2,000 horsepower electric hypercar, in 150 copies.
