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The Independent UK
The Independent UK
Steve Fowler

McLaren set to go electric as part of Forseven merger

McLaren NIO CYVN Nick Collins Abu Dhabi McLaren Racing McLarens
The McLaren Artura, a plug-in hybrid supercar - (McLaren)

Legendary British sports car maker McLaren is set to expand its business with a range of luxury all-electric models following its purchase by Abu Dhabi investment vehicle CYVN Holdings.

CYVN already owns British luxury EV startup Forseven, while holding a strategic investment in Chinese brand Nio, and will be bringing the two British companies together under a new company called McLaren Group Holdings.

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