Croatia’s Rimac to supply EV technology to Automobili Pininfarina in €80mn deal

Croatia’s Rimac to supply EV technology to Automobili Pininfarina in €80mn deal
By Carmen Simion in Bucharest September 30, 2018

Croatian technology and electric sports car company Rimac Automobili announced on September 28 it will provide battery and drivetrain expertise, software and hardware, in a contract worth up to €80mn to Germany’s Automobili Pininfarina for the development of their electric hypercar, the PF0.

Rimac’s main focus is on high-voltage battery technology, electric powertrains and the development of digital interfaces between man and machine (HMI Development). Rimac also develops and produces e-bikes under its subsidiary Greyp Bikes. In June, Porsche AG took over a 10% stake in Croatian company.

The contract with Automobili Pininfarina marks a significant step for both parties as the Munich-based company 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, Rimac said in a statement.

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.

“From the moment I met Mate [Rimac, founder and CEO of Rimac Automobili], I knew that he and his team at Rimac could provide the power we need to deliver memorable driving experiences to match the incredible design standards set by Pininfarina," commented Michael Perschke, CEO of Automobili Pininfarina, in a statement. This collaboration brings together the future of electric performance with the heritage of Pininfarina’s legendary automotive styling capabilities to deliver a truly beautiful hypercar.