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.

Cars

Can electric motors finally make three-wheeled cars great?

Every few years, someone tries to sell a three-wheeled vehicle to Americans. Historically, it hasn’t gone very well. We’ve got our suspicions about why people don’t buy trikes, and they boil down to this: a trike is just not a real…
Cars

Someone just paid supercar money for the very first 2020 Toyota Supra

The 2020 Toyota Supra made its long-awaited debut at the 2019 Detroit Auto Show. The resurrected sports car, famous for a role in The Fast and the Furious, goes on sale in the U.S. this summer.
Movies & TV

Out of movies to binge? Our staff picks the best flicks on Hulu right now

From classics to blockbusters, Hulu offers some great films to its subscribers. Check out the best movies on Hulu, whether you're into charming adventure tales or gruesome horror stories.
Cars

Boutique carmaker Karma Automotive, legendary design firm Pininfarina team up

Karma Automotive is partnering with legendary Italian design firm Pininfarina on future luxury cars. The first product of that partnership will appear later this year, Karma said, without offering other details.
Outdoors

Is Uber planning to put its self-driving tech into bikes and scooters?

Uber reportedly has its eye on building autonomous electric bikes and scooters that ride to a user when summoned by an app. The technology could also be used to make its two-wheelers safer with obstacle avoidance systems.
Cars

Lincoln’s stately, limited-edition flagship sedan sells out in a month

The 1961 Lincoln Continental became a design icon thanks to center-opening "coach doors" (also known as "suicide doors"). Lincoln is bringing those doors back for a special edition of the 2019 Continental.
Cars

Volkswagen is planning a tougher challenge for its all-electric I.D. R

The Volkswagen I.D. R electric race car will head to the Nürburgring for a lap-record attempt. Volkswagen will reportedly aim to set the quickest lap time ever by an electric car with the I.D. R.
Home Theater

Report: Spotify preparing to launch $100 in-car streaming device

According to a report, people familiar with Spotify's plans say the company is readying a dedicated in-car music streamer that will cost $100. It will work with any Bluetooth-enabled audio system and can be controlled by voice.
Cars

Tesla given go-ahead to start deliveries of Model 3 to Europe

Tesla has been given the green light to start deliveries of its Model 3 electric sedan to Europe, giving it the chance to compete more effectively with the likes of BMW, Audi, and Mercedes-Benz in the region's premium car market.
Cars

Royal fans bid big money as Prince Philip ‘car crash parts’ hit eBay

A couple of days after a car crash that involved the 97-year-old husband of Queen Elizabeth II, debris apparently from the scene of the accident showed up on eBay. And people wanted to buy it.
Cars

If Batman became a race car driver, he’d hit the track in the Vuhl 05RR

Mexican sports car Vuhl revealed the hardcore 05RR, a roadster that blurs the line between a track car and a street-legal car. The 05RR stands out with a design that looks right out of a video game and a 385-horsepower engine.
Emerging Tech

Elon Musk offers to help dig CERN’s new particle collider tunnel

CERN plans to put the Large Hadron Collider to shame with its proposed much larger Future Circular Collider -- and Elon Musk wants to help. Because, you know, he's not busy enough.
Product Review

Cool tech and a great ride make the 2019 RAM 1500 the best light-duty pickup

The Ram isn’t the most powerful, spacious, or affordable of the light-duty, full-size pickup herd, but a modestly equipped version walks all over rivals in terms of ride quality, technology, and cabin comfort.
Cars

Hyundai has created the ‘world’s first multi-collision airbag system’

Around 30 percent of car accidents involve multiple collisions, a reality that prompted Hyundai to develop what it claims is the world's first airbag capable of deploying in a multi-impact traffic accident.