Friday, November 22, 2019

Porsche Increases Its Stake In Rimac Automobili To 15.5%

Porsche and Rimac’s relationship has moved to the next level now that the German sports car maker has increased its stake to 15.5%

As another sign that joining forces, and not exclusively competing against each other, is the way to go. Porsche further strengthens its position with Rimac Automobili by increasing their stake in the company by 50% for a total of 15.5%, from 10%.

It was in June of 2018 that Porsche first initiated a development partnership with Rimac when they purchased a 10% stake in the electric car start-up based in Croatia. The company develops and produces high-performance electric drives and battery systems in-house but is best known for its electrically powered super sports cars.

At the 2018 Geneva International Motor Show, Rimac uncovered their most recent electric car, the C_Two. This two-seater hyper-electric-car produces nearly 2,000 PS (1,970-horsepower), has a top speed 412 km/h all the while providing a 650 km range based on the New European Driving Cycle (NEDC). Very similar to the recently revealed Porsche Taycan, the Rimac C_Two can be recharged to 80% within half an hour thanks to a 250 kW fast charging system.

Founder Mate Rimac (31) says that “Gaining Porsche as a stakeholder was one of the most important milestones in our history. The fact that Porsche is now increasing its stake is the best form of confirmation for our collaboration and represents the foundation for an even closer relationship. We are only at the start of our partnership – yet we have already met our high expectations. We have many collaborative ideas that we aim to bring to life in the future. The fundamental focus is creating a win-win situation for both partners and offering our end customers added value by developing exciting, electrified models.”

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Matt St-Pierre
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,400 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

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