Porsche Grabs 10% Stake in Electric Supercar Maker Rimac

Porsche has purchased a 10 percent stake in Croation electric supercar maker Rimac.

The German automaker, which will launch its first series production electric vehicle next year, the Taycan, says it’s impressed with Rimac’s ability to produce not only supercars like the Concept One and the recently unveiled C_Two, but to produce its own electric vehicle systems and battery technology.

“By developing the purely electric two-seaters super sports cars, like the ‘Concept One’ or ‘C Two’, as well as core vehicle systems, Rimac has impressively demonstrated its credentials in the field of electromobility”, says Porsche chairman Lutz Meschke. “We feel that Rimac’s ideas and approaches are extremely promising, which is why we hope to enter into close collaboration with the company in the form of a development partnership.”

SEE ALSO: Rimac C_Two Will do 0-60 MPH in 1.85s and Top Out at 258 MPH

Rimac solidified itself as a major player in the rapidly expanding electric supercars market with the debut of the C_Two at this year’s Geneva Motor Show. The EV makes 1,914 horsepower and 1,696 lb ft of torque from four electric motors mounted at each wheel, which propel the car from 0-60 mph in as low as 1.85s. It will also do an incredible 258 mph, Rimac claims. The company’s first vehicle, the 1,224 hp Concept One, already had the auto industry on notice – but the C_Two is a complete game changer.

In addition to producing impressive electric supercars, Rimac also develops electric motors and battery systems for other automakers. It has worked with Renault, Aston Martin and Jaguar and also runs an electric bike company called Greyp Bikes. It’s easy to see why Porsche, which is just getting started with EVs, would want to get in bed with the electricity experts over at Rimac, then.

“This partnership now is an important step for Rimac on our way to become a component and system supplier of choice for the industry in electrification, connectivity and the exciting field of Advanced Driver Assistance Systems”, said Rimac CEO and founder, Mate Rimac.

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