Rimac Hopes To Become The World’s #1 EV Parts Supplier…Medium Sized For Today OK Too (Update)

MAY 31 2017 BY MARK KANE 11

Rimac Automobili

Rimac Automobili maybe not sell many cars today (only eight Concept_One EVs are to be built), but the portfolio of carmakers that now source parts from Rimac is respectable.

2016 Rimac Concept_One and CEO of Rimac Automobili, Mate Rimac

Among customers/projects we have heard of:

  • W Motors Lykan HyperSport
  • Tajima E-Runner for Pikes Peak
  • Koenigsegg Regara
  • battery pack of Aston Martin-Red Bull Racing

According to Road & Track’s article “Electric Hypercar Maker Rimac Wants to Be the Biggest Supplier of EV Components“,  the company is launching joint venture in China and would like to become the biggest EV parts supplier worldwide.

Looking back at that customer list (above), we don’t see cause for quite-that-much optimism, at least at this stage of the game.

“Mate Rimac always made sure to do as much in house as possible, starting from the design process and following through to full scale production. It didn’t take long for them to become the coolest company to work for in Croatia, with Rimac and sister company Greyp (electric bikes) attracting around 200 new employees from all over the world in the last three years. Rimac will continue by setting up a joint venture in China in order to reach sufficient capacity to become the biggest OEM supplier of electric car components.

Beating giants like Bosch, Continental, Denso or Magna is no easy task, but Rimac says they offer more flexibility as well as far superior, dedicated technology at a price that will be competitive on the global market. With traditional carmakers and their suppliers being one step behind in this field, it will be a torque-heavy race to the top.”

Rimac intends to also shortly introduce its next electric car, which will be produced in higher volume…like ~200 units.  Still, it’s good to have goals.

Update (May 31): Mate Rimac (CEO Of Rimac) noted to us in the comments, that R&D’s title apparently didn’t exactly come from the lips of himself or his company.

“Mate here (CEO of Rimac)

We never said such thing. Of course we will not be the largest supplier of EV components. Not even close. We are focusing on small volume and niche applications and will go to medium volumes in the future. And we are very happy to stay a small/medium company without megalomanic ambitions.

All the best
Mate”

source: Road & Track

Categories: General

Tags: ,

Leave a Reply

11 Comments on "Rimac Hopes To Become The World’s #1 EV Parts Supplier…Medium Sized For Today OK Too (Update)"

newest oldest most voted
R.S

At least when it comes to motors, gearboxes, electronics and infotainment, there are more than enough companies that do a pretty good job, for quite some time now.

And those companies already have the production facilities. So if Rimac wants to be a parts supplier, they should focus on becoming a medium sized one first.

It is nice to have big dreams. But if you dream big and reach for the stars, there will always be someone, who doesn’t spend his days dreaming and reaching. And I wouldn’t bet on the dreamer in any case.

Mate Rimac

Mate here (CEO of Rimac)

We never said such thing. Of course we will not be the largest supplier of EV compoents. Not even close. We are focusing on small volume and nieche applications and will go to medium volumes in the future. And we are very happy to stay a small/medium company without megalomanic ambitions.

All the best

Mate

Jay Cole

Hey Mate,

We will update/put a note in the story that Road & Track’s title maybe was a little over the top/put words in your mouth.

Glad to see you have reasonable-sized goals…at least for now, (=

Mate Rimac

Thanks Jay. We grew out of a garage and had a rocky road to get where we are, without billionaires backing us or government millions. We know how hard it is to grow a company. Therefore we are building a company with strong foundations – a EV company that is profitable since 2012. So yeah, the goals are still ambitious, but we believe achievable.

Jay Cole

Yes, you fellows have one of the best feel-good stories in the business for sure (especially considering the sea of failed startups). Something to be proud of for sure, keep up the good fight!

Robert Weekley

Mate, I think I remember following some of your progress, if I am right, in converting a BMW to Electric, and progressing from Thundersky Prizmatic Cells, to Cylindrical Headway Cells, then to A123 Systems 20Ah Pouch Cells, with each change in cell type, increasing the vehicles performance!

I had a set of ideas to progress a simple Lead Acid built EV Conversion done back in the 90’s, that I acquired in October 2006, but stopped the plan for reasons of the car was too rusted, and lack of a focused team made every step forward quite slow. Not having a Shop to work in also was a crippling issue!

I am so glad you have held your own, and persevered, to reach the growth and success you have today!

Warren Hurd

Good luck Mate,
Awesome products you have.
Cheers

Get Real

Yes, good luck Mate,

I hope for the sake of our planet all the EV companies become very successful!

Philip Reeve

From what I’ve read and viewed in videos on the web, I’ve been impressed with the way Rimac has been developing.

This (modified) article is more good news 🙂

Bill Beverley

Love that Mate keeps in sync with the press and company image. Shows the values of a workhorse company like Rimac and their intent not only to grow but to keep it real along the way. Bravo.

Robert Weekley

I wonder if Mate Rimac, or any other ‘Electric Car Company’, would consider making components for specifically, the EV Conversion Market?