News

Rimac to supply EV technology to Automobili Pininfarina under contract worth EUR 80 million

Photo: Rimac Automobili

Published

October 2, 2018

Country

Comments

0

Share

Published:

October 2, 2018

Country:

Comments:

0

Share

Croatian technology and electric sports car company Rimac Automobili will supply EV technology to Automobili Pininfarina in the development of their electric hypercar codenamed PF0, Rimac Automobili has said in a press release. The value of the contract is EUR 80 million.

According to the press release, Rimac Automobili will be a lead technical partner on Automobili Pininfarina electric hypercar.

“The contract marks a significant step for both parties as Automobili Pininfarina secures an innovative, successful and highly proficient technical partner, whilst Rimac partners with an iconic brand and secures their first full-system series production automotive supply contract,” the press release reads.

Rimac is to provide battery and drivetrain expertise, software and hardware to Automobili Pininfarina in the development of the PF0.

In the 2018 Rimac launched a next-generation hypercar, the C_Two, which made it a small-volume vehicle manufacturer. Thanks to the company’s extensive know-how in high-performance electric vehicle development, Rimac is also technology supplier to many industry partners including Porsche, Aston Martin, Koenigsegg, Renault, CUPRA, and now, Automobili Pininfarina.

Automobili Pininfarina, owned by the Mahindra Group, was launched in April 2018 with the mission to produce luxury electric hypercars. The first Pininfarina-branded stand-alone car – codename PF0 – will be revealed in 2019.

Rimac opens office in Osijek

A week ago, Rimac Automobili opened an office in Osijek in the eastern part of Croatia. The R&D office will be in charge of specific systems and components including high-voltage converters, charging systems for electric vehicle batteries,  and 12V systems, jutarnji.hr portal reported.

The owner of Rimac Automobili, Mate Rimac, aims to develop a separate unit of the company for these systems which will not be manufactured in Zagreb, but only in Osijek.

“This is just the beginning of our activities in Osijek, with 7 employees,” Rimac said.

Osijek was selected due to cooperation with the Faculty of Electrical Engineering, Computer Science and Information Technology Osijek (FERIT), which resulted in the launch of the automotive computing and communications course in January this year.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Green for Growth Fund Tier II capital Egyptian banks

Green for Growth Fund to provide Tier II capital to Egyptian banks

24 January 2022 - The Green for Growth Fund has been granted approval from the Central Bank of Egypt to provide Tier II capital to banks in the country

Global chemical and plastic pollution out of control - safe planetary boundary exceeded

Global chemical and plastic pollution out of control – safe planetary boundary exceeded

22 January 2022 - Chemical production has increased 50-fold since 1950, and projections show output may triple by 2050

Agora Faster decarbonization Western Balkans EU CO2 border tax

Agora: Faster decarbonization in Western Balkans would ease impact of EU’s CO2 border tax

21 January 2022 - The Western Balkans need to step up the integration of their power markets and roll out carbon pricing to avoid the CO2 border tax, Agora said

INA Koncar contract solar power plants

Oil company INA to install largest solar power plant in Croatia

21 January 2022 - The beginning of construction is planned for the spring, and the power plants are expected to be online in 2023.