A surge in the use of special purpose acquisition companies (SPAC) for raising money for electric vehicle start-ups could harm the long-term prospects of the industry, Mate Rimac, founder of electric hypercar maker Rimac, said on Thursday. Managers of SPAC companies are not held to the same level of liability about potential growth prospects as managers who raise cash via an initial public offering (IPO) on equity markets, spurring concerns about an investor bubble. "When we go public, I want
They hope to develop a technical partnership.
Rimac Automobili is no stranger to our pages, but it's usually for the Concept_One supercar or its sleek spinoffs. Today, though, the company is talking up a feel-good alternative use for t
A Rimac for the rest of us? If you've been bummed that you couldn't quite afford an electric supercar from Rimac Automobili, don't despair. It appears the folks behind the Concept_One have applied their engineering talent to a simpler, more affordab
It not easy building a true high-performance electric vehicle. Even if money isn't a problem, there is a dearth of component suppliers with the kind of equipment and expertise you would need to succeed. Tesla Motors is unlikely to hand out examples of the secret sauce that gives its Model S Performance 416 horsepower, for example. Similarly, the system that motivates the Domenick Yoney
A few years back, Mate Rimac replaced the internal combustion drivetrain in his 1986 BMW E30 with an electric one and dubbed it the bi-moto EV – it was originally intended it to have two motors. Then, in a quest to build the fastest electric car ever, he reconfigured that original setup four more times.
The sheet has been lovingly lifted from the Rimac Automobili Concept One at the Frankfurt Motor Show and the first official images are now available. As the earlier teasers suggested, this electric supercar looks absolutely, well...super! It's hard to believe that a machine with performance that far outshines anything brought forward by established auto companies
When the sheet is lifted from the Rimac Automobili Concept One electric hypercar on September 13th at the Frankfurt Motor Show – Domenick Yoney
Ahead of its reveal at the Frankfurt Motor Show, Rimac Automobili has released some rendered teasers that hike the skirt of its all-electric, all-wheel-drive, 1088-horsepower Concept One supercar that Domenick Yoney
While it was only a short four months ago when we first reported on the BMW bi-moto EV Racer, things haven't slowed down at VST Conversions. We wanted to give you an update on this one-of-a-kind electric conversion that is only getting better. Gone are the pair of power packs (one in the passenger compartment and one in the trunk) using Headway