Porsche takes 10% stake in Croatian company Rimac Automobili

Porsche has taken a 10% stake in Rimac Automobili, a Croatian manufacturer of electric cars.

– 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 Lutz Meschke, Deputy Chairman of the Executive Board at Porsche.

– 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 – he adds.

CEO of Rimac Automobili, Mate Rimac, describes the partnership as “an important step in our strategy to become a leading EV technology supplier to the global OEMs”.

– We are delighted to have gained a high level of trust from our investors, partners and customers and are looking forward to continue working on exciting projects with our clients across the automotive industry – Rimac said.

Mate Rimac's vision began as a garage project in 2009, which has grown into a Zagreb-based company with 400 employees. Rimac also develops and produces e-bikes under its subsidiary Greyp Bikes, which was founded in 2013.

The fast-growing Zagreb-based company employs a total of around 400 employees. Rimac’s main focus is on high-voltage battery technology, electric powertrains and small series of super-cars.

Last year, Rimac sold a 19% stake to Camel Group, the biggest Asian battery manufacturer, for EUR 30 million.

Rimac Automobili d.o.o. Sveta Nedelja

Porsche AG Germany

Porsche

production of electric sports cars

production of sports cars

production of electric cars

production of cars

Rimac Concept One

Rimac C Two

electromobility

Lutz Meschke

Greyp Bikes

electric bikes

development of high voltage batteries

electric powertrains

Camel Group