USA> Porsche, BMW i Ventures and InMotion Ventures. the venture capital division of Jaguar Land Rover is set to invest in USA based Urgent.ly on a financing round that amounted to $21 million

porsche logo Urgent.ly is an American company that is seeking to lead the global platform for mobility and roadside assistance is to set to receive an $21 million from international companies such as Porsche, BMW i Ventures and InMotion Ventures. the venture capital division of Jaguar Land Rover. Urgent.ly supports roadside assistance services in North America, Europe and Asia. Urgent.ly connects drivers, More …

CROATIA > Germany based Porsche is set to take 10% stake in Croatia based electric car maker Rimac Automobili

porsche logo Porsche AG is set to take a 10% stake in Rimac Automobili which is the Croatian hypercar electric vehicle which is said to be the world’s fastest electric vehicle. Rimac is the company behind the C Two which was debuted at the Geneva Motor Show in March 2018. C Two has a 1,914-horsepower engine that enables the vehicle to reach More …

USA > Porche Opens up $60 million Experience center in Los Angeles, California

porsche After years of construction and $60 million invested, Porsche now has a new Experience Center in California. Located on the 405-Freeway in Carson, California, convenient to three of the Los Angeles area airports, the 53-acre facility is second such facility after $100 million investment in its North American Headquarter in Atlanta in 2015. These facilities represents the largest investments for More …