About Rimac
Rimac is the story of a young man and an old BMW. Mate Rimac, a Croatian inventor, converted an aging BMW 3 Series to electric power in his garage, raced it, and in 2009 founded a company that would grow from a workshop near Zagreb into one of the most important names in high-performance electrification. Its first car, the Concept One, showed the world that a Croatian startup could build a credible electric hypercar, even if one became famous for a fiery crash during the filming of a television show.
The Nevera, launched in 2021, changed everything. With four electric motors, around 1,900 horsepower and torque vectoring that sends power precisely where it is needed, it shattered acceleration records and set a top speed record for a production electric car at the time. Rimac also built a business supplying batteries, drivetrains and engineering to other carmakers, and that technology arm has attracted investment from Porsche, Hyundai and others. Mate Rimac himself became a celebrity in the industry, known for his candor and engineering zeal.
In 2021 Rimac took control of Bugatti in a new joint company, Bugatti Rimac, with Porsche as a major shareholder, a remarkable turn for a firm that barely existed a decade earlier. Porsche has since moved to sell its stake to outside investors, and Mate Rimac has shifted his focus toward leading Bugatti, while the Rimac Technology business continues to supply components to other makers. The brand competes for electric-hypercar buyers with Pininfarina's Battista, which uses Rimac technology, and a wave of Chinese challengers.
This page covers Nevera variants and deliveries, record runs, corporate deals, technology partnerships and the wider story of Bugatti Rimac. Watch for the next Rimac road car, shifts in ownership, and how the company balances building its own hypercars with supplying technology to others. Rimac's fortunes also offer a window into the broader question of how small, innovative firms can survive and thrive in an industry dominated by giants, and whether a Croatian startup can become a lasting European carmaker.