A surge in the use of special purpose acquisition companies (SPAC) for raising money for electric vehicle start-ups could harm the long-term prospects of the industry, Mate Rimac, founder of electric hypercar maker Rimac, said on Thursday. Managers of SPAC companies are not held to the same level of liability about potential growth prospects as managers who raise cash via an initial public offering (IPO) on equity markets, spurring concerns about an investor bubble. "When we go public, I want
Stunning collection was seized by European authorities.
And the brake calipers move with the wheels.
1,900-hp hypercar gets its global reveal March 4 in Geneva.
Friendly seating, faster to 124 mph than a Bugatti Chiron, and room for a smartphone.