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Porsche And Rimac Are Definitely Up To Something

Sep. 08, 2019 12:35 PM ET by Ian Wright / Comments Could this have implications for a future Porsche EV hypercar? Porsche is clearly confident in the future of all-electric vehicles. With the release of the all-electric Taycan sedan still buzzing through the industry, there's also talk of the 718 Cayman being Porsche's first electric sports car. Hot on the heels of that, Rimac has announced that Porsche has put even more money into automotive electrification. Several months ago, Porsche purchased a 10 percent stake in the Croatian electric vehicle company, Rimac Automobili, and now it has increased that stake to 15 percent. Rimac Rimac Rimac Although Rimac still gets called a start-up, it was founded in 2009 by Mate Rimac. Rimac also develops and produces battery packs and drivetrain systems, but is mainly known for building the fastest claimed production electric vehicle, the Concept One. Rimac is no joke and has an incredible amount of knowledge and experience with electric vehicles. Now, Porsche has access to that to help the German automaker keep moving into the future. An upcoming all-electric hypercar 918 Spyder successor, perhaps? On working with Rimac for a year already, Lutz Meschke, deputy chairman of the executive board and CFO of Porsche AG, says: "It quickly became clear to us that Porsche and Rimac could learn a lot from each other." Rimac "We are just at the beginning of our partnership - and yet our high expectations have already been met. We have many ideas that we want to act together in the future. The key is to create a win-win situation for both partners and to add value to our end customers by developing exciting electrified models," Says Mate Rimac. This is not Rimac's only partnership with a well-established automaker. Most notably, Hyundai has a $90 million investment in the company and has been working with Rimac while developing its own vehicles. And, at the same time all this is happening, Rimac is still working on the C_Two which is claimed to be an electric hyper-grand touring car packing 2,000 horsepower. Rimac Rimac Rimac Rimac

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Rimac Nevera Rimac Concept_One Ian Wright Associate Editor After working his way through several loosely related careers, Ian finally took the hint and became an automotive journalist and photographer. He spent a few years freelancing before joining up with CarBuzz to combine his love of writing, photography, and cars into one neat package. When Ian is not staring down a lens or into a computer screen writing reviews and features, you can find him in Southern California enjoying winding mountain and canyon roads. If you can’t find him, he’s probably off-roading in the desert. Contact Ian @BothHandDrive @BothHandDrive LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top