06
Jul
17:14
Rimac, Bugatti form new JV with electric focus
Electric hypercar producer Rimac Automobili is combining with Bugatti Automobiles, Kallanish reports.
The new company - Bugatti Rimac - will be 37% owned by founder and ceo Mate Rimac; 24% owned by Porsche; 12% by Hyundai Motor Group; and 27% owned by other investors.
The company’s electric components business will be parceled out as a wholly owned subsidiary dubbed Rimac Technology.
“This is a truly exciting moment in the short, ye…
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Very good overview of the weekly steel market.
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