Porsche increases its stake in the Croatian car manufacturer Rimac. After an investment of € 70 million, Porsche will receive a 24 percent share in Rimac. A takeover of Bugatti by Rimac is therefore somewhat more likely.
Porsche has invested money in Rimac for the third time. The manufacturer of electric sports cars received a capital injection from Porsche in 2018, in which Porsche acquired a 10 percent interest. In 2019 Porsche went a step further and its interest in Rimac grew to 15.5 percent. Now Porsche is investing another € 70 million in Rimac and owns almost a quarter of the company.
According to Porsche board member Lutz Meschke, Rimac has proven in recent years that it was worth the investment and the company is coming up with innovative technologies. Porsche has now again placed an order with Rimac for parts. The Rimac C_Two, although still a study model, shows what the brand can do, that is a supercar equipped with four electric motors that has 1,914 hp and 2,300 Nm of torque at its disposal, shoots to 100 km / h in less than 2 seconds and faster than 400 km / h. The C_Two could also drive autonomously at level 4.
Porsche therefore believes in it, also for the use of things developed by Rimac in its own cars, but of course there is more to it. Porsche’s parent company Volkswagen Group has long alluded to the sale of Bugatti. Rimac would be the intended buyer. The fact that Porsche is now increasing its stake in Rimac may be a strong indication that Bugatti will indeed be sold to Rimac. Statements by Porsche CEO Oliver Blume last month showed that increasing Porsche’s share in Rimac in combination with the sale of Bugatti to Rimac is a possible scenario. So the first happened, now the second?