Porsche and electric hypercar maker Rimac to set up JV incorporating Bugatti
Green Car Congress
JULY 6, 2021
The Volkswagen Group’s Porsche and Croatian hyper-EV developer Rimac have agreed to set up a joint venture that incorporates Bugatti—another Volkswagen Group brand that is moving to the control of Porsche. Rimac will hold a 55% share in the Bugatti-Rimac joint venture, while Porsche will have a 45% share.
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