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Hyundai Motor Group bolsters partnership with Rimac on high-performance EVs and fuel cell prototypes across brands

Green Car Congress

Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new auto industry in Croatia. Global automotive producers have shifted production towards CEE countries from Western Europe.

Croatia 207
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BMW taps electric hypercar specialist Rimac for high-performance EV batteries

Baua Electric

For its next-gen models, BMW is turning to Croatian electric hypercar specialist Rimac for EV batteries. Rimac’s tech division will supply batteries for BMW’s future electric cars. Rimac to supply BMW with EV batteries The collaboration is Rimac Tech’s “largest and most ambitious project” the company has undertaken.

BMW 52
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Hyundai Motor Group to invest €80M in Rimac; collaborating on high-performance EV and FCEV prototypes by 2020

Green Car Congress

The companies will work closely together to develop prototypes for an electric version of Hyundai Motor’s N brand midship sports concept car and a high-performance fuel cell electric vehicle with the intent to bring them to market at a later time. —Euisun Chung, Executive Vice Chairman of Hyundai Motor Group.

Hyundai 191
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Rimac delivers its first Nevera EV hypercar in the U.S.

Teslarati

The Rimac team was there to watch the groundbreaking initial delivery of the Nevera, which is one of the fastest cars on Earth. Limited to just 150 planned units, the Nevera is built by Rimac in Croatia at Bugatti-Rimac Headquarters. It features a 120 kWh battery pack and 300 miles of range, but those are not the focus of the vehicle.

Croatia 140
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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

Green Car Congress

Based on these new findings, ACEA calls for an ambitious but more realistic approach to the electrification of Europe’s car fleet, just before the European Commission releases its proposal for post-2021 CO 2 targets for passenger cars and light commercial vehicles next week. ECV market share of 5 biggest EU car markets in 2016.

Greece 150
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Porsche and electric hypercar maker Rimac to set up JV incorporating Bugatti

Green Car Congress

The joint venture will have its headquarters in Zagreb (Croatia) and is scheduled to be established in the fourth quarter of 2021. Bugatti is contributing a tradition-rich brand, iconic products, a loyal customer base and a global dealer organisation to the joint venture. —Oliver Blum.

Porsche 259
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Europe’s auto suppliers reach the end of the road – ET Auto

Baua Electric

Production of the car component at the town of Gifhorn will end in 2027 and move to Croatia, the Czech Republic and Wales to keep the costs “competitive”, according to Continental, which will cut about 7,000 jobs worldwide. “That’s not the case in production.”

Auto 52