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Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional

Baua Electric

Bahrain’s sovereign wealth fund, Mumtalakat, has assumed full control of McLaren Group, manufacturer of high-end sportscars and majority owner of the McLaren F1 team, BBC reported. The company faced financial challenges during the Covid-19 pandemic, leading to production halts and job losses.

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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

Green Car Congress

The company, which began deliveries of the Fisker Karma luxury four-door extended range electric sedan in December 2011, also said that it has delivered 1,000 vehicles to customers in the US and Europe. The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007. Click to enlarge.

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