Rimac Automobili Stock

Mate Rimac, founder of electric supercar company Rimac Automobili, shares his journey of building a $2bn brand with 2,500 employees from scratch in Croatia, a country with no automotive industry or start-up culture. Despite numerous challenges, Rimac Automobili has attracted significant investment, including from Porsche, and now operates three companies: Bugatti Rimac, Rimac Technology, and P3Mobility.

The Rimac Nevera, an electric hypercar, has broken 23 performance records in a single day, including the fastest 0-249 miles per hour time and fastest acceleration time. The car's performance exceeded its own official specifications. The technology used in the Nevera is expected to trickle down into more mainstream electric vehicles.

Rimac Automobili has delivered its first Nevera electric hypercar to a customer in the US. The Nevera, which costs over $2.15 million, is the fastest production electric car, having broken 23 performance records in one day. The vehicle is powered by four independent electric motors and a 120 kWh battery pack, delivering a range of 300 miles.