Hyundai Motor and Kia Motors Invest 80M EUR in Rimac and Establish a Technology Partnership

Hyundai Motor and Kia Motors Invest 80M EUR in Rimac and Establish a Technology Partnership
Hyundai Motor Group to invest 80 EUR million in Rimac Automobili Hyundai Motor to invest 64M EUR Kia Motors to invest 16M EUR Rimac and Hyundai Motor Group form a technical partnership to collaborate on two high-performance electric vehicles by 2020 SEOUL, ZAGREB, 14 May 2019 – Hyundai Motor Company and Kia Motors Corporation have jointly invested 80M Euros in Rimac Automobili (Rimac) - the Croatian high-performance electric vehicle technology and sportscar company. The companies ha...

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