As the electric car market grows day by day, more and more cars are getting electric motors. Even sports cars, known for their large-volume engines, are now equipped with electric power units. Known for its electric supercar models, Rimac is on its way to becoming one of the most important members of this trend. Known for its partnership with Porsche, the brand will strengthen its hand in the electric hypercar market with the new investment.
Rimac aims to increase its claim with new investments
Rimac Group, in a statement made the other day, stated that it has collected 500 million euros for the development of electric cars and to become a global brand. With the new investments of Porsche, Softbank Vision Fund 2 and Goldman Sachs, the company has gained 2 billion euros in value.
With the new investment, Porsche’s 24 percent share in Rimac will be preserved, while Mate Rimac, the founder and CEO of the brand, will continue to be the largest shareholder. Mate Rimac made the following statements about the new investments:
SoftBank is the world’s largest technology investor and Goldman is a huge financial investor. While the company can manage itself in the hypercar business, this investment is crucial both for the development of the company’s Rimac Technology subsidiary and for Rimac’s future IPO prospects
New mutual fund, It will be used to recruit talented engineers, build a $200 million campus for Rimac’s Zagreb headquarters in Croatia, and develop and manufacture batteries, software and other components for electric cars.
The CEO said, first and foremost, that the money will help Rimac stay independent from the larger automakers. Mate Rimac says that although it is positive for them to have Porsche and Hyundai as shareholders, they do not want to be completely dependent on these brands.
Rimac merged its hypercar division with French supercar manufacturer Bugatti in November. The new Bugatti Rimac company is developing the 1,914 horsepower Rimac Nevera model, which is claimed to accelerate from 0 to 100 km / h in 1.85 seconds. Introduced last year, the electric hypercar is scheduled to hit the road in the summer.
Rimac has partnerships with Automobili Pininfarina, Koenigsegg and Aston Martin as well as its shareholders Porsche and Hyundai. So what do you think about electric supercar models? You can share your views with us in the comments section.
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