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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 entering third 919 Hybrid in 2015 Le Mans

Green Car Congress

Porsche AG is entering a third Porsche 919 Hybrid for the 24-hour race in Le Mans (France) on 13-14 June in 2015. In 2014 we have been competitive immediately with the most complex and innovative race car Porsche has built so far. This is why we will take on the challenge with three Porsche 919 Hybrids in 2015.

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Porsche reports ~60% of new Panamera models delivered in Europe are with plug-in hybrid drive; ramping up for Mission E

Green Car Congress

Porsche reports that around 60% of all new Panamera models that have been delivered in Europe were equipped with a hybrid drive. In France, for example, the figure is 70%, in Austria it is more than 80% and in Belgium it is even more than 90%. Porsche is investing around €1 billion (US$1.2 Earlier post.) Earlier post.)

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France December 2020

EV Sales

A future star lands in a record market (19% share!) Looking at the 2020 ranking, the Renault Zoe continued its winning streak in 2020 (it is the Best Seller in France since 2013.), If the overall automotive market had a horrible 2020 (-26% YoY), with the 1.7 has struck a chord among French PHEV buyers.

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Electric hypercar maker Rimac takes control of the Bugatti brand

Teslarati

Today the foundation for an exciting and promising future of BUGATTI was laid by the creation of the joint venture BUGATTI Rimac through @Porsche and @MateRimac. Porsche will hold a 45% stake in this new company. Rimac is currently backed by Porsche and Hyundai, and it is poised to hold 55% of the newly-formed company.

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Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

The global auto giant Stellantis has done a deal with a French battery-maker to secure fresh sodium-ion battery technology for its future EVs that could see electric cars finally undercut petrol cars on purchase price.

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Bugatti & Rimac partners to form new venture 

Electric Vehicles India

Mate Rimac will retain his original shareholding in Rimac Group at 37%, with Porsche at 24%, Hyundai Motor Group doing the same at 12% and other investors at 27%. Bugatti Rimac will represent the company that will develop the future of both Bugatti and Rimac vehicles.

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