Automotive - Electric Vehicles / High-Performance Hypercars
Strategic Profile
The company has established long-term partnerships with major automobile manufacturers BMW Group and Porsche AG, supplying battery systems, inverters, and complete electric powertrains. In July 2021, Porsche and Rimac announced a joint venture incorporating Volkswagen's high-performance Bugatti brand, with Rimac Group holding a 55% stake and Porsche owning 45%.
Cyborg Score Rationale
The company experienced revenue growth from €310 million in 2024 to €860 million in 2025, representing a 177% yearly increase. As of March 31, 2026, the company has 189 employees. While revenue growth is exceptional, the company is privately held with a niche market focus on ultra-luxury hypercars, limiting scale compared to mass-market competitors.
Top Insights
Revenue surged 177% (2024-2025) driven primarily by supply agreements with BMW Group and Porsche AG for high-performance EV components.
Rimac has established itself as a pioneer in high-performance electric vehicles, creating cutting-edge hypercars such as the Concept_One and Nevera.
The Verne robotaxi project secured €179.4M funding and developed approximately 60 prototypes by 2025.
R&D workforce expanded by approximately 30% in 2025, signaling heavy technology investment.
Named Competitors
NIO — Electric vehicle manufacturer
Pininfarina — Italian luxury electric hypercar manufacturer
Lucid Motors — Luxury electric vehicle manufacturer
McLaren — High-performance supercar and hypercar manufacturer
Recent Developments
(May 2026) Founder Mate Rimac transitioned from CEO to focus on Bugatti while assuming chairman role at Rimac
(2025) Revenue reached €860 million, up 177% from €310 million in 2024, driven by OEM component supply contracts
(September 2023) Established international offices: Rimac Tokyo and Rimac Katowice in Japan and Poland
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