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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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Porsche increases stake in electric sports car company Rimac to 15.5%

Green Car Congress

Porsche has increased its stake in technology and sports car company Rimac Automobili to 15.5%. In June 2018, the Stuttgart-based sports car manufacturer purchased a 10% stake in Rimac. Porsche is now strengthening the established partnership. Porsche has been supporting Rimac and its positive development for a year now.

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Porsche launches carbon offsetting program for US drivers

Green Car Congress

Porsche Cars North America, Inc. PCNA) has launched Porsche Impact , an online tool that links individual CO 2 emissions to specific climate projects. The program is available to US customers after PCNA earlier this year enrolled its own Porsche Experience Center cars and its Porsche Passport subscription fleet.

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Porsche launches carbon offset program in US

Green Car Congress

Porsche Cars North America, Inc. PCNA) has enrolled all cars at its two Experience Centers—sand its fleet in the monthly subscription pilot, Porsche Passport—sin Porsche Impact. Porsche customers can choose from four different internationally certified projects to support.

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Porsche invests €70M to increase stake in Rimac Automobili to 24%

Green Car Congress

The Supervisory Board of Porsche AG agreed to increase its stake in Rimac Automobili from 15% to 24% with the investment of an additional €70 million. Porsche joined the young technology and sports car company as an investor in 2018 and increased its stake to 15% in September 2019.

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Porsche takes 10% stake in the electric technology and sports car company Rimac; development partnership

Green Car Congress

Porsche AG has taken a 10% stake in the technology and electric sports car company Rimac Automobili. As part of its electrification efforts, Porsche is seeking a development partnership with the young company. Rimac recently presented the latest version of its electric hypercar, the “C Two”, at the Geneva Motor Show in March 2018.

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