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Porsche increases stake in Rimac electric supercar company
8th March 2021
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Porsche has increased its stake in Croatian electric car company Rimac Automobili from 15 to 24 percent, the German automaker announced Monday.
Porsche purchased 10% of Rimac in 2018 and an additional 5 percent the following year. Hyundai is also a stakeholder in the company, which Automotive News valued at approximately $625 million last fall.