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Porsche hikes stake in electric car startup Rimac Automobili
short by Dharna / on Monday, 9 September, 2019
German automobile manufacturer Porsche has increased its stake in Croatian electric sports car and electromobility components startup Rimac Automobili to 15.5%. In June 2018, the German sports car maker had purchased a 10% stake in Rimac for an undisclosed amount. "We intend to intensify our collaboration in the field of battery technology," Porsche said.
read more at TechCrunch