Saudi Arabia’s Public Investment Fund (PIF) is ramping up its investments in the car industry with a focus on the luxury and electric vehicles markets.This week, it revealed it was participating in a GBP550 million equity raise by the British supercar manufacturer McLaren. At the same time a SPAC merger...
Saudi Arabia’s Public Investment Fund (PIF) is ramping up its investments in the car industry with a focus on the luxury and electric vehicles markets.This week, it revealed it was participating in a GBP550 million equity raise by the British supercar manufacturer McLaren. At the same time a SPAC merger...