Porsche Has Invested $83 Million in Rimac. What is the Croatian Hypercar Company Doing Now?

Rimac and Porsche have an ever-evolving relationship.

Porsche originally invested a 15 percent stake in the Croatian hypercar company in 2019.

And Porsche just invested another $83 million in Rimac, which now puts that stake at 24 percent.

The companies’ ties are in fact imbued in Rimac’s history.

Rimac may be best known for its totally electric supercars it also supplies components to a growing number of automakers, including Porsche, which has been a customer for years.
In fact, Porsche has announced that Rimac is close to becoming a Tier 1 supplier for the auto industry worldwide.

And now the German automaker has cast its bet in the direction of that growth exploding.

In recent years, Rimac has been busy refining its C Two concept into a newly unveiled hypercar, the 2022 Nevera hypercar.

porsche rimac  speed

The Rimac Nevera was set to be unveiled last year but that unveiling was pushed back by the Covid-19 pandemic.

Rimac even built a new production line to speed up production of the Nevera.

The new car has an incredible zero-to-60 of 1.85 seconds – faster than Tesla’s Roadster, which boasts 1.9 seconds. And the Nevera churns out a whopping 1,914 horsepower.

This is in fact the third time the German automaker has invested in its Croatian company.

Rimac founder and CEO Mate Rimac will lead the joint venture.

porsche rimac bugatti ceo

“Mate Rimac and his team are important partners, especially when it comes to supporting us in the development of components,” Lutz Meschke, deputy chairman of the executive board at Porsche, told the media recently. He added the German marque already placed its first order with Rimac for “highly innovative series components.”

The Rimac Group itself is owned by: Porsche, which owns 24 percent; Hyundai, which owns 12 percent; founder Mate Rimac, who owns 37 percent; and various other investors that own the remaining 27 percent.

porsche bugatti rimac development

The Rimac Group includes Rimac Technology, which is owned 100 percent by the Rimac Group, and the new Bugatti Rimac. Of Bugatti Rimac, the Rimac Group owns 55 percent while Porsche owns 45 percent.

The automotive world is now watching the release of the 2022 Rimac Nevera, which is named for a mighty storm system and is a force like no other.

rimac development

Exotic and powerful, the fully electric Nevera was designed, engineered and handcrafted in Croatia, created to outperform in every way.

By specializing exclusively in electric performance, Rimac was able to engineer and extract the most extreme performance on the planet.

Each of its wheels are independently driven by one dedicated electric motor that channels torque accordingly to give you unprecedented control and agility. It gives you power where you need it. Instantly. Beneath its skin lies a carbon-fiber monocoque with bonded carbon roof, an integrated structural battery pack and rear carbon subframe. The structural core is lightweight, powerful and exceptionally strong.

Facts you need to know about the Rimac Nevera:

facts about rimac

• The Nevera was designed to be the fastest accelerating car and the fastest electric car in the world today.
• Not only is it visually striking but it carries exceptional speed and severity, a Hyper car with a capital H.
• Rimac will make 50 Neveras for 2022 – each hand-crafted in Croatia for a total of 150 cars over time.
• Four independent surface-mounted, carbon-sleeve, permanent-magnet electric motors and four independent inverters and gearboxes spell searing speed and performance. 
• The two front motors produce 220 kW (299 hp) each and two  rear motors produce 480 kW (653 hp) each.

Rimac electric motor

• The Nevera was handcrafted to perform beyond all expectations, with its inner workings made specifically for high performance.
• The 120-kWh battery is shown to recharge from zero to 80 percent in as little as 19 minutes with 500 kW DC fast charging. 
• Nevera’s bold but functional form is designed to exceed all expectations.
• Rimac engineers found and developed the very best materials in order to hand craft everything from powertrain components to composites and in-car controls. 
• The 2022 Rimac Nevera’s carbon-fiber monocoque is the largest and stiffest of any automobile on the market. 

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