What’s the ‘secret sauce’ behind Croatian EV maker Rimac?

What’s the ‘secret sauce’ behind Croatian EV maker Rimac?

a year ago
Anonymous $dy9SWuvIkX

https://techcrunch.com/2022/06/25/whats-the-secret-sauce-behind-croatian-ev-maker-rimac/

Rimac Group made headlines in June after it raised €500 million ($537 million) in a Series D round led by Goldman Sachs and SoftBank Vision Fund 2. The deal valued the Croatian startup at $2.2 billion, prompting the question: How has this company succeeded where so many other EV makers have struggled?

Rimac, which merged its hypercar division with French supercar maker Bugatti in November, has taken a two-pronged approach the industry has not seen before: It’s continuing to make hypercars as Bugatti Rimac while using the knowledge gleaned from that process to develop technology to supply other automakers through its Rimac Technology subsidiary. Its client list includes Porsche, a four-time investor that now holds a 20% stake in the company.