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Hyundai partners with Rimac on EV supercar

Sadly, there’s only talk of a ‘prototype’ for now, but large sums of money are behind the big-brand partnership.

Hyundai Motor Group has announced it will invest a total of 80 million euros (AUD$129 million) in small-volume Croatian supercar manufacturer, Rimac Automobili.

The partnership, which includes Hyundai sister brand, Kia, is expected to produce an electric version of an N-branded mid-engine sports car, (likely an iteration of either the Veloster-based RM16 or the wild RN30 concept cars) and a “high-performance” hydrogen fuel-cell EV.

Little has been heard from either high-performance concept since their unveiling, but Hyundai says that electrifying the N brand is part of its goal to “popularise electric vehicles” with “world-class technology and innovation in performance.”

The Veloster-based RM16 concept was said to be mid-mounted, and a similarly-shaped camouflaged car has been spotted testing in the wild. The Veloster-based RM16 concept was said to be mid-mounted, and a similarly-shaped camouflaged car has been spotted testing in the wild.

Hyundai says the major investment is part of a research and development push to have 44 ‘eco-friendly’ models in the market by 2025. It also comes off the back of the company's recent AU$9.3 billion expansion of its hydrogen fuel cell (FCEV) research programs.

Although Rimac has thus far produced very limited numbers of its Concept One and Concept S electric supercars, it has fingers in many pies, producing the KERS (Kinetic Energy Recovery System) for the Aston Martin Valkyrie and battery systems for acclaimed supercars from Koenigsegg, Pininfarina and Jaguar.

Last year Porsche acquired a 10 per cent stake in Rimac in a move no doubt aimed at boosting its electric car R&D in concert with the Taycan and Mission-E electric vehicles.

Rimac is set to launch its second electric supercar, the C_Two in 2020 and has plans to grow as an EV drivetrain manufacturer to an “established Tier-1 supplier for the industry”.

Rimac hopes to produce 150 examples of its upcoming C_Two supercar. The car sold out within three weeks of order books opening. Rimac hopes to produce 150 examples of its upcoming C_Two supercar. The car sold out within three weeks of order books opening.

Do you think a Hyundai/Rimac joint project is exciting? Tell us what you think in the comments below.