Both automakers could leverage each other specializations to create the electric cars of the future

Proving that it has established itself as a legitimate company in the auto industry, Rimac Automobili has sold 10 percent of the company to Porsche. Details of the German automaker’s investment in the Croatian electric supercar brand and technology company have yet to be specified, but the writing on the tea leaves point to it revolving around electrification, specifically with high-voltage battery technology and electric powertrains.

2011 Rimac Concept One Exterior
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Rimac Concept One at Top Marques Monaco
The German automaker saw the potential in its Czech counterpart after the latter successfully developed the Concept One electric super sports car with an eye towards following it up with the C_Two

Porsche investing in Rimac didn’t seem like something that would happen as recently as a few years ago. But such is the state of the auto industry these days. Electrification has become such a big deal that it’s paving the way for Porsche to take a 10 percent stake in Rimac, which, in turn, would allow both companies to leverage their respective specializations to benefit the other.

The German automaker saw the potential in its Czech counterpart after the latter successfully developed the Concept One electric super sports car with an eye towards following it up with the C_Two. “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. “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.”

2019 Rimac C Two Exterior
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For Rimac, being allied with Porsche is a big deal, especially when you consider where it came from

For Rimac, being allied with Porsche is a big deal, especially when you consider where it came from. In 10 years, it has established a place in the industry, particularly in terms of high-voltage battery technology and electric powertrains. The humble roots from which it started back in 2009 has evolved into a multi-faceted company that’s also developing human-machine interfaces.

CEO Mate Rimac also commented on the new partnership with Porsche, saying that “it’s an important step on our way to becoming a component and system supplier of choice for the industry in electrification, connectivity and the exciting field of Advanced Driver Assistance Systems.”

Ok, so maybe the specifics behind the partnership aren’t clear yet. But rest assured, the relationship between Porsche and Rimac is going to be something that we should all pay attention to. It’s even more important now that the German automaker is all set to develop the Taycan, it’s first-ever electric vehicle. Given this newly-minted partnership, don’t be surprised if Rimac ends up playing a big role in that car’s development.

Further reading

2011 Rimac Concept One High Resolution Exterior Wallpaper quality
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Rimac Concept One at Top Marques Monaco

Read our full review on the 2017 Rimac Concept One.

Porsche Buys Into the Most Unexpected Automaker and it Could Help Improve its Electrification Strategy Exterior
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Read more about the 2018 Rimac Concept Two.

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Read more Porsche news.

Press release

Porsche AG has invested in the technology and electric sports car company Rimac Automobili by taking a minority shareholding of ten per cent. The company develops and produces electric vehicle components and manufactures electric super sports cars. As part of its electrification efforts, Porsche is seeking a development partnership with the young company.

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.”

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.

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