Rimac Announces New Strategic Partner: Porsche AG Rounds-up Series B Financing

“In less than a decade we have built up a comprehensive know-how in developing high-performance electric powertrain and battery technology, innovative infotainment and telemetry systems and many other core vehicle systems. Our hypercars are at the pinnacle of technology, redefining the idea of the supercar. Still, building a serious automotive supplier and niche sportscar manufacturer is a lifetime challenge and we still have a long way to go. Entering the collaborative partnership with Porsche AG is 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.”

“By developing the purely electric two-seaters super sports cars, like the ‘Concept_One’ and ‘C Two’, as well as core vehicle systems, Rimac has impressively demonstrated its credentials in the field of electromobility. 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.”