Hyundai Motor is ending projects with Rimac Group, sources explained, just after the Croatian automaker deepened its ties to Porsche. Hyundai and sister model Kia jointly invested $84 million in the electric startup in 2019 to consider a 12 per cent stake. Hyundai subsequently declared two initiatives: an electrical sports […]
projects
Hyundai Motor is ending assignments with Rimac Team, resources stated, right after the Croatian automaker deepened its ties to Porsche. Hyundai and sister manufacturer Kia jointly invested 80 million euros ($84 million) in the electric powered startup in 2019 to acquire a 12 {a78e43caf781a4748142ac77894e52b42fd2247cba0219deedaee5032d61bfc9} stake in the enterprise. Hyundai subsequently […]
If auto manufacturing unit investments have been hobbled in 2020 by COVID-19-associated fears and world-wide company uncertainties, 2021 could be termed the calendar year when automakers manufactured up for dropped time. The auto industry arrived out of its pandemic doldrums, paying out revenue with a vengeance to make new producing […]