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Porsche participates in Rimac’s €500M Series D round

Green Car Congress

Porsche and Rimac are taking the next step in their collaboration with focus on the digital and electrified future of mobility. The total volume of the round is €500 million, with Porsche investing an eight-figure sum. The total volume of the round is €500 million, with Porsche investing an eight-figure sum.

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Porsche and electric hypercar maker Rimac to set up JV incorporating Bugatti

Green Car Congress

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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Audi to invest ~€14B in electromobility, digitalization and autonomous driving over next 5 years

Green Car Congress

This planning round bears a clear signature: We are taking a very systematic approach to electric mobility and will be much more focused in future. We are consistently prioritizing our resources for future-oriented products and services that are highly attractive and relevant to the market.

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Volkswagen Group Research and KUKA partner to develop robot-supported services for autonomous and electric vehicles

Green Car Congress

Volkswagen Group Research and leading robotics company KUKA will intensify their strategic partnership with the joint development of area ofrobot-based innovation concepts for vehicles of the future. One of the aims of the research collaboration is to develop robot-based innovations for all-electric and autonomous automobiles.

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Unused Bronco Raptor, Tesla-powered 911, Genesis GV80 Coupe: Nowadays’s Automotive Information

Baua Electric

The automobile might be a Porsche 911 that includes the powertrain from a Tesla Type S rated at 500 hp and 200 miles of length. You’ll in finding those tales and extra in as of late’s automobile information, proper right here at Motor Authority.

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Audi to launch 3 new electric models by 2020; subsequent electrification in renewed core; targeting 1/3 electrified unit sales by 2025

Green Car Congress

Stadler, whose was just reappointed as Chairman of the Board of Management for another five years, said that Audi will renew five existing core model series by mid-2018. “ Audi says that it is systematically utilizing Group synergies in order to implement topics of the future even faster and more efficiently. Earlier post.).

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Volkswagen Group brings new Audi and Porsche EV concepts, Volkswagen PHEV concept to Frankfurt; 20 more plug-ins by 2020

Green Car Congress

Dr. Martin Winterkorn said that “ The Porsche Mission E and the Audi e-tron quattro concept are nothing less than a quantum leap for our industry ”—both vehicles have an all-electric range of 500 kilometers (311 miles). He said the Group already had the broadest plug-in fleet in the automobile world. Porsche Mission E.

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