In 2019, the Hyundai-Kia conglomerate made a $90-million investment into Rimac Group, the Croatian EV builder and supplier. The two partnered to develop several vehicles, but the future of that partnership is now in question. Last year, Porsche increased its stake in Rimac, which has allegedly led to Hyundai ending its relationship with the Croatian company, according to a new Automotive News Europe report.
