Hyundai and Kia have jointly invested €80 million euros in Rimac Automobili. Rimac is a Croatian electric car manufacturer which creates high-performance EVs and sports cars. To date, it has released the Concept_One and Concept_Two which have impressive specs and saying. The Concept One, for example, produces 1,073bhp and 1,600Nm of torque allowing it to sprint from 0-62mph in 2.6 seconds and a top speed of 221mph.
Rimac’s C_Two can allegedly accelerate from 0-62mph in 1.85-seconds and on to a top speed of 258mph and is also rumoured to have 402-miles range NEDC, but is not expected to be delivered until 2020.
The Croatian carmaker has impressed motorists and industry professionals for its high-performance electric cars with impressive specs and interesting styling.
As a result, Hyundai Motor Company and Kia Motors Corporation has chosen it to be the right partner to help them develop electric sports cars.
Hyundai Motor, Kia Motors and Rimac will work closely together to develop an electric version of Hyundai Motor’s N brand mid-ship sports car and a high-performance fuel cell electric vehicle.
“Rimac is an innovative company with outstanding capabilities in high-performance electric vehicles,” said Euisun Chung, Executive Vice Chairman of Hyundai Motor Group.
“Its startup roots and abundant experience collaborating with automakers combined with technological prowess makes Rimac the ideal partner for us.
“We look forward to collaborating with Rimac on our road to Clean Mobility.”
Founder and CEO of Rimac Automobili, Mate Rimac said: “We are very impressed by the Hyundai Motor Group’s vision and prompt and decisive initiative.
“We believe that this technology partnership will create maximum value for our companies and their customers.
“Rimac is still a young and relatively small but fast-growing company.
“We see a strong investor and technology partner in Hyundai Motor Group and believe that this collaboration will charge the company’s position as a Tier-1 electrification components supplier to the industry.
This is not the first carmaker Rimac has worked with to help develop electric cars. It has previously worked with other companies such as Porsche