As high-performance EV sportscar company Rimac continues to impress with outrageous all-electric creations like the C Two hypercar (0-100 km/h in 1,97 seconds), it seems Hyundai Motor Company is keen on gaining valuable insight from this Croatian manufacturer. As such, the Korean brand has invested R1,2 billion towards establishing a technical partnership with Rimac.
Both Hyundai and Kia have confirmed that Rimac technology will be used to develop electric variants of future models, including Hyundai N’s proposed mid-engined sportscar.
Euisun Chung, Executive Vice Chairman of Hyundai Motor Group says, “Rimac is an innovative company with outstanding capabilities in high-performance electric vehicles. Its start-up roots and abundant experience collaborating with automakers, combined with technological prowess makes Rimac the ideal partner for us. We look forward to collaborating with Rimac on our road to Clean Mobility.”
Founder and CEO of Rimac Automobili, 31-year old entrepreneur Mate Rimac said: “We are very impressed by the Hyundai Motor Group’s vision and prompt and decisive initiative. We believe that this technology partnership will create maximum value for our companies and customers. Rimac is still a young and relatively small but fast-growing company. We see a strong investor and technology partner in Hyundai Motor Group and believe that this collaboration will charge the company’s position as a Tier-1 electrification components supplier to the industry.“