Porsche increases stake in electric car maker Rimac Automobili to 15.5%
https://techcrunch.com/2019/09/06/porsche-increases-stake-in-electric-car-maker-rimac-automobili-to-15-5/
Porsche AG is increasing its stake in Croatian electric vehicle components and hypercar company Rimac Automobili. The increased stake is the latest effort by Porsche to invest more into electric mobility, particularly in battery technology.
It was just 14 months ago that Porsche took a 10% stake in Rimac. Now, the German automaker is pushing that to 15.5%, according to an announcement Friday.