MOBILE MAKEOVER

Abu Dhabi’s CYVN Holdings to merge McLaren with EV maker

McLaren and Forseven will start producing high-end sport utility vehicles, following a strategy employed by Ferrari, Lamborghini and Porsche

McLaren

McLaren LT Group.

After taking control of McLaren Automotive last year, Abu Dhabi’s state-owned CYVN Holdings is starting to roll out its turnaround plans for the venerable British sports car maker.

The investment company, a unit of the ADIA sovereign wealth fund,...