Porsche will invest in Rimac’s EV technology

• Published On: 22 June 2018
• 901 Views

The companies will collaborate to make new technology for electric vehicle development.

The German carmaker has bought a 10 percent stake in Croatian electric hypercar maker Rimac. The companies will work together and use electric tech, in fact, Porsche will look to use Rimac’s electric powertrain technology in future models. For Rimac, this move allows them to scale and be able to supply its powertrain and technological components to other companies.

“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,” said Porsche board member Lutz Meschke. “By developing the purely electric two-seaters super sportscars like the Concept One or C Two, as well as core vehicle systems, Rimac has impressively demonstrated its credentials in the field of electro-mobility.”

Rimac CEO Mate Rimac said, “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.”