Rimac Group raises $537M to build EVs, Porsches and Bugattis

Rimac Mate with Nevera web.jpg — The Rimac Group CEO, Mate Rimac, is pictured alongside a Rimac Nevera, a $2.4 million electric hypercar. (BLOOMBERG)

B

By:

Bloomberg

June 01, 2022 08:42 AM

Rimac Group has raised another 500 million euros ($536.6 million) to help it build future Porsches, Bugattis, and Koenigseggs.

Featured Stories

Pre-tariff stampede delivers double-digit retail gains in March

Pre-tariff stampede delivers double-digit retail gains in March

Top 150 dealership groups continue to grow strategically and consolidate the industry

Top 150 dealership groups continue to grow strategically and consolidate the industry

Here’s our list of the 2025 Top 150 dealership groups

Here’s our list of the 2025 Top 150 dealership groups

Detroit 3 executives press Trump to temper tariffs as deadline approaches

Detroit 3 executives press Trump to temper tariffs as deadline approaches

Latest News

HYUNDAI-GENESIS Q1: Sales up 11% on demand for crossovers, mix of powertrains

Subaru Q1 sales up 9.1% with March the brand’s best month ever

Mercedes-Benz USA dealer network boss Frank Diertl to retire

VW-AUDI: Jetta, Taos deliver again in Q1; Audi volume off again

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Vancouver auto show boss on Tesla’s removal and whether it’s welcome back

GM’s ‘woefully underutilized’ CAMI plant ideal spot for joint GM-Hyundai vans, analyst says

Trump tariffs will force Europe’s automakers to rethink strategy, ACEA says

Porsche, Mercedes face $3.7B hit from U.S. auto levies

Staying current is easy with newsletters delivered straight to your inbox.