Rimac on the verge of Bugatti acquisition, Porsche CEO claims – UPDATE

UPDATE, 3 March 2021: Volkswagen subsidiary Porsche has participated in the latest investment round at Rimac Automobili, reportedly sinking €130 million to €150 million (AU$200-230 million) into the Croatian electric vehicle venture. Recent reports suggest Porsche – which already owns 15.5 per cent of Rimac – is looking to increase its stake in the company by as much as 35 per cent (allowing for a total ownership of 50 per cent, a controlling share).