• Porsche acquires minority stake in Croatian EV sports car manufacturer Rimac

      The future is clearly electric and Porsche is banking on it. They now hold a 10% stake in Rimac which is a Croatian company producing an electric supercar. It is pretty impressive where Rimac is today considering it was started in a garage in Croatia.

      Porsche wants to grow a partnership between the two companies as they are impressed with what Rimac has accomplished so far. The Rimac C Two produces over 2000 horsepower with a range of 650 kilometers.

      The downside? It costs $2+ million dollars. Porsche may be able to help drop costs over at Rimac.

      In 2009, founder Mate Rimac (30) began working from his garage on his vision of producing electric sports cars that could both be fast and offer excitement. Rimac recently presented the latest version of its electric hypercar, the “C Two”, at the Geneva Motor Show in March 2018. The two-seater produces around 2,000 hp and reaches a top speed of 412 kilometres per hour. It has a range of 650 kilometres (NEDC Cycle), and achieves an 80% battery charge in 30 minutes through a 250 kW fast charging system. Furthermore, the company engineers and manufactures high-performance electric vehicle powertrain systems and battery systems.

      “By developing the purely electric two-seaters super sports cars, like the ‘Concept One’ or ‘C Two’, as well as core vehicle systems, Rimac has impressively demonstrated its credentials in the field of electromobility”, says Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche. He adds: “We feel that Rimac’s ideas and approaches are extremely promising, which is why we hope to enter into close collaboration with the company in the form of a development partnership.”

      Main focus is on high-voltage battery technology and electric powertrains

      The fast-growing Zagreb-based company employs a total of around 400 employees. Rimac’s main focus is on high-voltage battery technology, electric powertrains and the development of digital interfaces between man and machine (HMI Development). Rimac also develops and produces e-bikes under its subsidiary Greyp Bikes, which was founded in 2013.

      “This partnership now is an important step for Rimac on our way to become a component and system supplier of choice for the industry in electrification, connectivity and the exciting field of Advanced Driver Assistance Systems”, explains Rimac’s CEO Mate Rimac.

      This article was originally published in forum thread: Porsche acquires minority stake in Croatian EV sports car manufacturer Rimac started by Sticky View original post