Search Results Found For: "rimac"

Former Tesla VP Chris Porritt joins Rimac Automobili as CTO

Croatian supercar builder Rimac Automobili has appointed Chris Porritt to the role of Chief Technology Officer. Mr. Porritt has spent over three decades in the automotive industry—previous positions include Chief Engineer at Aston Martin, VP of Engineering at Tesla, and lead at Apple’s Special Projects Group. He has overseen the development of several bespoke performance… Read more »

Hyundai Motor Group will invest $85.6 million in Rimac

Hyundai Motor Group announced it will partner with Croatian car manufacturer Rimac to develop a prototype of an electrified Hyundai N-brand concept car and high-performance EV. The partnership will entail a combined $85.6 million investment from Hyundai and Kia. Euisun Chung, Hyundai Executive Vice Chairman, said, “Rimac is an innovative company with outstanding capabilities in… Read more »

Porsche takes a 10% stake in Croatian EV startup Rimac

Porsche has invested in the Croatian EV startup Rimac Automobili, taking a minority stake of ten percent. As part of its electrification efforts, Porsche is seeking a development partnership with the young company. Rimac was literally born in a garage in 2009, and showed its Concept_One electric supercar at the Frankfurt Motor Show in 2011…. Read more »

Rimac Automobili invents the Croatian auto industry

Detroit is gradually losing its position as the epicenter of the auto industry. Nowadays, news of cutting-edge developments is more likely to come from Silicon Valley, Europe or China. The Eastern European nation of Croatia is pretty far from the centers of automotive power, but it’s here that a highly innovative firm called Rimac Automobili… Read more »

Rimac is hiring engineers and craftspeople to build electric sports cars

The infectious excitement of today’s EV industry recalls that of the early days of the internet. Bold entrepreneurs are hiring talented young techies for tiny startups that aspire to challenge the mighty multinationals – and by no means all the action is in California. The Croatian firm Rimac Automobili is a perfect example of the… Read more »

Tajima to race Rimac-powered one-megawatt EV in 2015 Pikes Peak Hill Climb

Croatian startup Rimac Automobili, located just a few hours’ drive from the birthplace of Nikola Tesla, has ambitions of becoming a major carmaker. Its first-generation vehicle, and the first step in its master plan, a powerful beast called the Rimac Concept_One, may be familiar to EV cognoscenti as one of the pace cars for the… Read more »

Formula E cars race on Westminster Bridge in London, BMW, Rimac to supply cars

The Formula E Championship is getting closer – the first race is scheduled for September 13 in Beijing. Organizers threw an electrifying launch party in London last week – 500 guests mingled with the motorsports elite, and watched a video of Formula E racers laying some rubber on Westminster Bridge. Also this week, the cars… Read more »

Rimac brings its Concept_One super EV to Top Marques Monaco

Croatian firm Rimac Automobili’s Concept_One EV will be on display at next week’s Top Marques Monaco, a trade show for the most luxurious of cars, boats and other billionaire supplies, hosted by Prince Albert himself. The “supercar event” takes place at the Grimaldi Forum in Monte Carlo, next to the Monaco Formula 1 circuit. The… Read more »

Tesla may get $1.2 billion worth of German subsidies

The European Commission recently approved a multinational project to support battery innovation, which will involve 42 companies, including several automakers. One of those automakers is Tesla, which may receive a cool billion euros ($1.2 billion) in public funding from the federal government of Germany and the state of Brandenburg, the site of the company’s Gigafactory… Read more »

European Commission approves €2.9 billion in funding for comprehensive battery project

The European Commission has approved a second Important Project of Common European Interest (IPCEI) to support innovation throughout the battery value chain. The European Battery Innovation project calls for 12 member states—Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden—to provide up to €2.9 billion in funding in the coming years…. Read more »