McLaren Automotive is at a crossroads – under new ownership and leadership, and on the brink of a radical push into electric SUVs as its range is overhauled.
Abu Dhabi investment fund CYVN Holdings acquired the supercar business and a non-controlling stake in McLaren’s Formula One race team in April. CYVN immediately merged McLaren with its other automotive assets: a 700-employee British engineering start-up then operating under the name Forseven, the technology division of Gordon Murray Automotive and a technology licence deal with Chinese electric car maker Nio.
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