Rimac was launched in 2009 as Rimac Automobili, with a target of creating substantial-horsepower electrical supercars. The business also contracted with other automakers, these kinds of as Aston Martin and Sweden’s Koenigsegg, to produce and deliver higher-general performance electric travel elements for significant-end automobiles.
The enterprise separated its supercar-creating operations from its EV components company previous calendar year, with Rimac Group overseeing both of the new providers. Rimac’s supercar arm also took about Bugatti, which was spun off from Volkswagen Group. The recently fashioned Bugatti Rimac is largely owned by Rimac, but Porsche — which alone is owned by Volkswagen and owns the aforementioned chunk of Rimac Team in general — owns 45% of Bugatti Rimac. The EV elements organization stays wholly owned by Rimac Group.
The new investment decision spherical was led by SoftBank and Goldman Sachs. The European expenditure group InvestIndustrial, already a important Rimac investor, also participated in this new expense round. Rimac’s major shareholder, having said that, stays its founder, 34-calendar year-outdated Mate Rimac, according to the company. This is the largest one spherical of expense Rimac has been given so much, Mate Rimac explained. It indicates a overall valuation of €2 billion for the corporation, in accordance to Rimac.
Rimac Group’s wholly owned subsidiary, Rimac Technologies, continues to source to other businesses big electric powered motor vehicle elements, which include electric powered vehicle and hybrid batteries, electric powered motors and completely operational chassis. It has labored with Aston Martin and Automobili Pininfarina, amongst many others.
The enterprise will go on to focus on building elements for luxury and high-overall performance electric vehicles, Mate Rimac stated, relatively than mass-sector EVs.
Rimac is developing a new headquarters campus in Zagreb, Croatia. Other than housing the company’s company offices, as very well as that of Bugatti Rimac, creation of Rimac’s new $2.5 million Nevera supercar will be based there. Closing assembly of Bugatti cars and trucks will go on to acquire spot in Molsheim, France, Mate Rimac reported all through an on line push meeting, whilst company capabilities and auto enhancement will just take area in Zagreb.
There will also be a research and development center exactly where cars will be tested out in the open up, Mate Rimac said through a conference with reporters.
“We truly want to make it genuinely distinctive,” he claimed. “You will find no fences, so it can be almost certainly the only automotive ‘R and D’ facility with complete accessibility of the public.”
Motor vehicle providers generally acquire prototype vehicles in good secrecy at proving grounds and development facilities that are deep in rural or wooded locations and behind tall fences. The thought is to maintain rivals from acquiring out particulars of forthcoming, or possibly forthcoming, products and solutions.
Rimac ideas to employ 700 new employees as it prepares to enhance generation of autos and components, Rimac reported in a assertion. Rimac also ideas to open a amount of new company workplaces in many areas all-around Europe, like other places in Croatia. The firm now has about 1,500 personnel.
In an on the internet conference with reporters, Mate Rimac claimed he failed to want to consider the firm public also soon. allowing for it time to develop less than personal possession. He’s glad he didn’t, he said, supplied the very poor performance of other electric powered car or truck startups that have viewed their share price ranges tumble soon after likely general public.