Porsche further invests in Rimac to 15.5 percent

Against the backdrop of its electric mobility campaign, Porsche purchased a 10 percent stake in technology and sports car company Rimac in June 2018. Now strengthening the established partnership, the automaker announced that it has increased its stake in Rimac Automobili to 15.5 percent.

The Croatian company develops and produces electromobility components and also produces electrically powered super sports cars in-house. It focusses on battery technology within the high-voltage segment, electric powertrains and developing digital interfaces between humans and machines (HMI). The company also develops and produces electric bikes. This strand of the business was established in 2013 in the form of the sister company Greyp Bikes.

Rimac unveiled his most recent electric car, the C Two, at the Geneva International Motor Show in March 2018. The two-seater vehicle generates almost 2,000 PS and reaches a top speed of 412 kilometres per hour. It boasts a range of 650 kilometres (NEDC) and can recharge 80 percent of its full battery capacity within half an hour thanks to a 250 kW fast charging system. The company also develops and produces high-performance electric drives and battery systems.

Managing Director Mate Rimac commented on the development “Gaining Porsche as a stakeholder was one of the most important milestones in our history. The fact that Porsche is now increasing its stake is the best form of confirmation for our collaboration and represents the foundation for an even closer relationship, we are only at the start of our partnership – yet we have already met our high expectations. We have many collaborative ideas that we aim to bring to life in the future. The fundamental focus is creating a win-win situation for both partners and offering our end customers added value by developing exciting, electrified models.”

Source: Press Release


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