Hyundai and Kia Invest In … Rimac?

In today’s episode of Surprising Bedfellows, we find the corporate duo of Hyundai/Kia throwing money in the general direction of Rimac. Technically titled Rimac Automobili, it’s the Croatian high-performance EV company known for making the outrageously fast Concept One supercar, a vehicle thrust into the public eye when Richard Hammond binned one at a Swiss hillclimb. That was a wreck from which he mercifully has recovered. Legend has it that the subsequent media exposure helped the company sell three units that same day.

Today, the EV company announced a $90 million partnership with the Korean giants. They’ll be working together to develop an electric version of Hyundai Motor’s N brand midship sports car and a high-performance fuel cell electric vehicle.

Wait, what?

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  • Wjtinfwb Rivaled only by the Prowler and Thunderbird as retro vehicles that missed the mark... by a mile.
  • Ravenuer Haven't seen one of these in years! Forgot they existed.
  • Pig_Iron I one of those weirdos who liked these.
  • SCE to AUX Inflation adjusted $79k today (!), so I guess $28k is a bargain....This is another retro car that was trying too hard, but it is very nice.
  • EngineerfromBaja_1990 It might provide an edge in city driving but from what I've read elsewhere the Hybrid trucks are 600 lbs to 700 lbs heavier than the gas only trucks. That translates to a curb weight of around 5000 lbs which is not uncommon for a full size truck.And a test drive suggested the Hybrid is not quicker than the gas only trucks. So it looks like the Hybrid powertrain is pretty much compensating in power for all that added weight while not providing significant fuel savings. Not what many would expect after shelling out an extra $5K - $7K for the next step up in power.