DUBAI/WAM The UAE Year of Community 2025 has come to a close, successfully concluding its …
Read More »Porsche buys stake in Croatia’s Rimac for battery-powered cars
Bloomberg Porsche bought a 10 percent stake in Rimac Automobili, a Croatian maker of electric supercars and components, as the German sports car brand looks to accelerate its shift into battery-powered vehicles. “Rimac has impressively demonstrated its credentials in the field of electromobility,†Lutz Meschke, finance chief for the unit of Volkswagen AG, said in a statement. “We feel that …
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