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 […]

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 % stake in the enterprise. Hyundai subsequently […]