Why Porsche Is Selling Off Its Stake in Bugatti Rimac

It’s a strange time to be a luxury automaker with ambitious EV plans. Earlier this year, Lamborghini revealed that it would not move forward with its previously announced electric vehicle, the Lanzador. Other European automakers are proceeding, with Ferrari on track to reveal its first EV next month. The latest wrinkle in the industry comes […] The post Why Porsche Is Selling Off Its Stake in Bugatti Rimac appeared first on InsideHook.