Porsche: Carmaker now owns 10 percent of Rimac

Courtesy: Sean Gallup/Getty Images
Courtesy: Sean Gallup/Getty Images /

Electric supercar company Rimac recently sold 10 percent stake to Porsche, which should make for a good pairing.

Rimac is known for making some of the fastest electric supercars on earth. Porsche has been making sports cars for decades with great success. Its hybrid supercars have dominated on the world stage winning racing like the 24 Hours of Le Mans several times. It only makes sense that the two companies should come together. According to CarBuzz, Porsche now owns 10 percent stake of Rimac.

What’s surprising is that the relatively new Rimac could have plenty to teach to Porsche. The car company’s first car was the Concept One. It could sprint from 0-60 in about two and a half seconds and had a nearly insane horsepower rating of 1,224.

At the Geneva Motor Show Rimac showed off its second car, the Concept Two, which has 1,914 hp, a claimed 1.95-second 0-60 mph time and a maximum speed of 258 mph. It would seem that Porsche could benefit from the relationship.

No Collaboration Just Yet

Porsche 918 hybrid supercar
Porsche 918 hybrid supercar /

Both companies could benefit from sharing knowledge and technology, but the relationship between the companies is new. According to CarBuzz, Porsche said it hopes to closely collaborate with Rimac in the future.

Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche told CarBuzz that Rimac has “impressively demonstrated its credentials.”

With that in mind, it would seem that Porsche enters into this relationship with the idea that it wants to collaborate soon. No official plans have been made yet by either automaker to drive these goals forward.

Rimac Doesn’t Want to Just Make Cool Cars

Rimac Concept Two
Rimac Concept Two /

This isn’t Rimac’s first time working with other automakers. The company worked with Aston Martin and Koenigsegg on their vehicles and vehicle components in the past. Rimac CEO Mate Rimac said that working with Porsche in this way is important for his business.

Part of Rimac’s business vision is to become the premier parts supplier for top-level automakers in terms of electrification. With its supercars and its previous work with other automakers, it seems Rimac is well-positioned to complete its goal.

It’s unclear how their relationship will develop. CarBuzz noted that the companies may someday put together a fully electric 911. An electric 911 is a sacrilege to some die-hard enthusiasts. However, it seems the industry will move that way.

Next: A New High-Performance Bentley Bentayga is Coming

Electrification will play a huge role in the future of the automotive industry. Porsche is positioning itself to be at the forefront of this movement.