Rimac's selling its hypercar EV tech to other automakers

We’ve already been blown away by Rimac’s breathtaking Nevera, the all-electric hypercar that goes 0-60mph in just 1.85 seconds. And we were stunned when Rimac swallowed Bugatti to become, well, Bugatti Rimac. But here’s another bombshell from the Croatian automaker…

The Rimac Group that its engineering division, Rimac Technology, is set to become a standalone company. It will be entirely dedicated to developing EV tech for the Croatian-French hypercar maker and third-party manufacturers.

This is what its structure will look like:

Under the new structure, Rimac Technology is 100% owned by the Rimac Group. As CEO of the Group, Mate Rimac will run both Bugatti Rimac and Rimac Technology.

Why is Rimac Technology becoming independent?

As per Mate Rimac:

Separating the technology business into its own entity is a natural step as the focus of the two markets, hypercars and components, are completely different.

For example — the products of Rimac Technology, while being on the cutting edge of performance, also need to be extremely cost competitive and producible at huge scales, while those issues are secondary for the hypercar business.

What can we expect?

The company will continue and expand its activities in “the engineering, development, production, and supply of high-performance battery systems, electric drive units, electronic systems, and user interface components.”

 Yep, that’s for the brand and other OEMS.

Rimac Technology has already worked with with major automakers including Porsche, Hyundai, Kia, Automobili Pininfarina, Koenigsegg, and Aston Martin. It also hinted that there are numerous additional projects still undisclosed to the public. 

Plus, the company is set to seriously step up its production capacity, aiming to manufacture “tens of thousands high-performance systems per year by 2024.” After this, it plans to ramp up these numbers to “hundreds of thousands.”

That’s a pretty ambitious goal, but I guess the planned 200,000m² Rimac Campus in Zagreb will play a big role to that. 

Most notably though, Rimac Technology will draw inspiration and expertise from its own Nevera hypercar, which according to Mate Rimac, isn’t just a standalone project, but also a showcase of what the company’s is capable of doing.

And, boy, is it jaw-dropping.

So, yes I can’t wait to see what kind of high-performance tech bearing the Rimac signature will be included in third-party EV brands. And this time, I really hope it’s gonna be a model that I can actually afford.