Porsche is participating in a financing round of Rimac Automobili that will see the electric supercar maker raise 130 million-150 million euros ($157 million-$181 million). Porsche owns a 15.5% stake in Rimac Automobili and could raise its stake to just below 50% in a deal that would also include the transfer of Volkswagen’s supercar brand […]
Bugatti’s latest electric vehicle is a toy car for kids
Bugatti, known for its multi-million dollar supercars, has launched a limited-edition car for kids. Dubbed as the Bugatti Baby II, the latest offering is a scaled-down, battery-powered replica of the Type 35 that debuted in 1924. Only 500 units of the car will be produced. Even if you have €30,000 for the base model, you […]