Skip to main content

Rimac’s 1088-HP Concept One EV hypercar prototype gets investors from Hong Kong

The last few years have seen an explosion in supercar makers from countries that don’t have much of an automaking tradition.

Names like Zenovo, Koenigsegg, Lykan, and now the Dubai Roadster have all entered the automotive lexicon. But here is another name to memorize: Rimac. This Croatian startup, is on the verge of putting one of the most stunning supercars we have ever seen into production.

The Rimac Concept One has a lot going for it: 1088 horsepower close to 1,600 pound-feet of torque, 0 to 60 in just 2.7 seconds and a 190 mph top-end. And all of that power and speed comes from lithium-ion batteries and electric motors, which Rimac estimate are good for a 372 mile range.

The company is almost too much of a cliche to believe; it started out as the dream of a 26-year-old from Zagreb. Who, despite coming from a country without a long heritage of car manufacturing, managed to pull together not only a fantastic idea, but also built a prototype. Now he has something that might be even more important than those stunning numbers: investors. According to TechEU, Rimac has secured two big investors to help put the Concept One into production.

These two helpful individuals are apparently already involved in the world of EVs and green tech. One of them is a native Croatian working in Columbia’s energy sector, Frank Kanayet Yepes – a name that I am thankfully not being required to pronounce. Yepes is a man who knows a bit about what it takes to make electric cars go fast, as he is already involved in funding the Formula E electric race series.

The other potential investor is a Hong Kong energy firm. Though, they may potentially be more interested in the Greyp electric bikes that Rimac also makes.

Regardless, the news is exciting. Not only is it exciting to see any new automaker enter the field, it would be thrilling to see the first true EV supercar. Besides just look at the thing, it’s gorgeous! So here is to Rimac and its pioneering founder Mate Rimac.

Peter Braun
Former Digital Trends Contributor
Peter is a freelance contributor to Digital Trends and almost a lawyer. He has loved thinking, writing and talking about cars…
Rivian R2 vs R1S: How will Rivian’s cheaper SUV compare?
The front three-quarter view of a 2022 Rivian against a rocky backdrop.

Rivian has finally unveiled the R2, its long-awaited attempt at a more affordable electric SUV. The new vehicle may not be available just yet, but fans of Rivian's design aesthetics and feature set are already looking forward to being able to order the new car. The R2 is targeted at being a more affordable take on the electric SUV and will sit alongside the flagship-tier R1S.

Let's get this out of the way right now: The R1S is most likely going to be a better vehicle than the R2. Rivian isn't replacing the R1S with the R2 — it's releasing the R2 as a more affordable alternative, and there will be some compromises when buying the R2 over the R1S.

Read more
Cybertruck production reportedly halted over pedal issue
Tesla CEO Elon Musk behind the wheel of a Cybertruck.

Tesla CEO Elon Musk behind the wheel of a Cybertruck. Tesla

Tesla’s Cybertruck has been hit by a production delay caused by an issue with a part of the vehicle, a number of media reports have claimed.

Read more
Don’t let the gimmicks fool you. The Ioniq 5 N is a serious track car
2025 Hyundai Ioniq 5 N drifting.

We’re finally getting to the fun part of automakers’ methodical quest to replicate their lineups with electric cars.

Performance versions of ordinary cars have been a staple of the auto industry for decades. But while we’ve already seen some variants of EVs boasting more power and more impressive stats — think Tesla Model S Plaid or Lucid Air Sapphire — the 2025 Hyundai Ioniq 5 N is the first to truly apply that format to an EV.

Read more