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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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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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Tesla Cybertruck will equip 800v architecture for faster charging times, better margins

Teslarati

However, to those who have been following the industry at all, 800v architectures are the way of the future for the EV industry, especially as more electric cars are on the road, charging times continue to be a concern to some, and heavier all-electric cars are becoming more available throughout the various automakers. But Musk and Co.

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Natural EV capitalism

Electric Auto Association

Martinson first became involved with American Resilience Project in 2018, not long after he completed the ASU executive master program. “My Hirt encouraged Martinson to join the team as a volunteer and executive producer who would help to finance the film. My first sustainability professor, Dr. Paul Hirt, became a close friend.

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Porsche increases investment in start-ups by €150M; innovative business models in the field of mobility

Green Car Congress

Porsche has increased its total investment in venture capital activities by €150 million for the next five years. The objective of “Porsche Ventures” is to gain access to trends, new technologies and business models. Porsche has always been among the pioneers of the automotive industry.

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