Could McLaren go all-electric? UAE fund agrees to purchase 100% of the auto business to accelerate its growth
November 5, 2024
An Abu Dhabi-based investment firm has entered a non-binding agreement to buy 100% of McLaren’s automotive business, including a stake in the McLaren Group. The purchase goal is to bring additional capital to McLaren to accelerate its growth in vehicle development, particularly in electric vehicle technologies. If approved, could McLaren become the next supercar developer to go…
