Tag: VW

German Manager Magazine: Mate Rimac: Porsche, Softbank and Goldman Sachs give $500 million to electric sports car maker001813

The Croatian sports car manufacturer Rimac received a total of 500 million euros in fresh money in its latest financing round. According to the company, the funds come from the “Vision 2 Fund” of the Japanese technology investor soft bank, the US investment bank Goldman Sachs and from the VW subsidiary Porsche, which holds 45… Continue reading German Manager Magazine: Mate Rimac: Porsche, Softbank and Goldman Sachs give $500 million to electric sports car maker001813

@niche: CARRY ON.001911

Editor’s Note: We are celebrating the 23rd Anniversary of Autoextremist.com this week. Peter’s column talks about what a long, strange trip it has been and what it has been like bringing you AE every week. Look for more Anniversary coverage in “On The Table” as well as features about Bentley, the new McLaren Artura, the Volvo… Continue reading @niche: CARRY ON.001911

Rimac raises more than $500M from Porsche, Softbank and Goldman Sachs

Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global EV components supplier — and eventually a publicly traded company. Softbank Vision Fund 2 and Goldman Sachs led the Series D investment round in a… Continue reading Rimac raises more than $500M from Porsche, Softbank and Goldman Sachs

CEO Herbert Diess reiterates VWs ambitions to overtake Tesla in EV sales by 2025 – Drive Tesla Canada

Credit: CNBC Volkswagen Group CEO Herbert Diess said during an interview on CNBC’s “Squawk Box Europe” that his company still intends on overtaking Tesla to become the world’s electric vehicle (EV) sales leader by 2025. Diess made the comments while at the World Economic Forum in Davos, Switzerland, the same location where he first made… Continue reading CEO Herbert Diess reiterates VWs ambitions to overtake Tesla in EV sales by 2025 – Drive Tesla Canada

@VW Group: The Porsche LMDh racing car has already completed more than 6,000 test kilometres005131

© 2022 Dr. Ing. h.c. F. Porsche AG. *Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance… Continue reading @VW Group: The Porsche LMDh racing car has already completed more than 6,000 test kilometres005131

@VW Group: Porsche announces dates and location for next Rennsport Reunion005130

© 2022 Dr. Ing. h.c. F. Porsche AG. *Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance… Continue reading @VW Group: Porsche announces dates and location for next Rennsport Reunion005130

@VW Group: Experiencing magic with a 944 Turbo S005129

The story of Sonja and Wolfram Schäffer and their Porsche 944 Turbo is one of searching and finding. It tells the story of the melding of these two things: of the endless process of searching for a destination that only makes itself known when one starts following the path – a destination that one finds… Continue reading @VW Group: Experiencing magic with a 944 Turbo S005129

@VW Group: Porsche and MHP support the Ludwigsburg Festival005128

© 2022 Dr. Ing. h.c. F. Porsche AG. *Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance… Continue reading @VW Group: Porsche and MHP support the Ludwigsburg Festival005128

@VW Group: Emma Raducanu a guest at the Porsche Carrera Cup005127

© 2022 Dr. Ing. h.c. F. Porsche AG. *Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance… Continue reading @VW Group: Emma Raducanu a guest at the Porsche Carrera Cup005127