RIMAC GROUP - The Rimac Group is now fully operational, from January 1st, 2022, as an umbrella company that incorporates Bugatti Rimac (active from November 2021) and the new standalone Rimac Technology business.
The Rimac Group is the majority shareholder in
Bugatti Rimac with a 55% stake and Porsche owning the remaining 45%. Rimac
Technology – the sister company to the previously known Rimac Automobili – is
set to become a completely independent company, 100% owned by Rimac Group. It
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 that Rimac is known
for, having established a reputation as a leading provider of advanced
performance electrification technologies.
Today, Rimac Technology works with many major
automotive manufacturers across Europe, using its engineering expertise in
developing the Nevera from the ground up to offer a range of products that
takes their customers through the entire product creation process – from
concept to large-scale production. Rimac Technology is publicly known to have
worked with many global OEMs including Porsche, Hyundai, Kia, Automobili
Pininfarina, Koenigsegg, Aston Martin, while there are many additional projects
which are still unknown to the public. Having delivered components for several
niche volume projects in the past years, Rimac Technology is ramping up its
production capacity and will be manufacturing tens of thousands of
high-performance systems per year by 2024 and further ramping up to volumes of
hundreds of thousands with products ranging from small hybrid battery systems
to full rolling chassis.
Rimac Technology is free from any oversight by any
other manufacturer, including investors into the Rimac Group business. It’s
just as important for Rimac Technology clients that their projects are kept
confidential, as that it is delivered with the required cost, performance and
on time.
As CEO of Rimac Group, Mate Rimac will run both
Bugatti Rimac and Rimac Technology. Bugatti and Rimac Automobili both continue
as separate respective brands, both operating as part of Bugatti Rimac with
shared R&D and other core functions while retaining existing production
facilities and distribution channels. Bugatti Rimac represents the company that
will develop the future of both Bugatti and Rimac vehicles, by joining
resources and expertise in research and development, production, and other
areas.
Rimac Technology today is a 1,000-people company
based on the outskirts of Zagreb, Croatia. From 2023, The Rimac Group,
including Rimac Technology, will be headquartered at a new 200,000 m2 Rimac Campus on the
outskirts of Zagreb in Croatia. Large enough to accommodate over 2,500 people,
the Campus incorporates every aspect of The Rimac Group business, including
production of the Nevera next-generation all-electric hypercar and high-volume
production of components for other OEMs.
Mate Rimac, CEO of The Rimac Group, said: “If we go
back to the very beginning of the Rimac Automobili business in 2009, the dream
for me was to build my own electric hypercar. With Nevera we believe we’ve
achieved that dream, creating a car that is not only the fastest accelerating
in the world, but also comfortable, usable and brimming with our advanced
technology. But Nevera isn’t just a standalone project, it’s a showcase of what
Rimac Technology can do free from the costs or volume restraints of a
large-scale manufacturer. We believe once you’ve pushed the technology as far
as it can go, it makes it a lot easier to scale up to higher volume and lower
cost. The e-Axles, Torque Vectoring, battery systems, connectivity, AI, and
countless other electrical systems on Nevera are all our own creations, and
each of them can be scaled to suit applications you might find on a range of
higher volume performance vehicles.
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. This new structure will enable each
company of the Rimac Group to flourish to their full potential, while still
sharing the synergies between them – for example using our own hypercars as
testbeds for new technology before we offer it to other OEMs.”