Rimac

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

Collaboration will deliver two EV prototypes in 2020 intended for market.

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EV supercar delivers 12 liters of champagne in the trunk.

The PF0 Concept will boast massive horsepower and a mega price

They hope to develop a technical partnership.

One thing potential customers of Automobili Pininfarina's circa-$2.5-million, 250 mph electric hypercar can be rest assured of: It should look good. "Above all it must be beautiful," Italian design director Luca Borgogno told a small gathering of the world's press at the exclusive launch of the new car brand in Rome, on the eve of the first-ever Formula E race there last week.

Indian automaker Mahindra has announced the launch of Automobili Pininfarina, a new standalone sustainable luxury vehicle brand, with plans for a new electric hypercar in 2020.

A little while ago we wrote about ItalDesign's Zerouno supercar, which is sold under the company's own brand name. Another design house, Pininfarina, will also become a carmaker brand, as it prepares to launch a hypercar with Mahindra investments backing it up.

Richard Hammond had his own clever response to the jab from Rimac.