http://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/meet-the-man-behind-worlds-first-electric-supercar/51284884
Meet the man behind world's first electric supercar
07 March 2016  AFP

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A keen techie since high school, Rimac was racing an old BMW when he blew
the engine and decided to turn the car into an electric one starting with
pieces he bought on the Internet.
 
CROATIA: He's the name behind the world's first electric supercar, winning
international plaudits for his ingenuity. But for Croatia's 28-year-old Mate
Rimac, it all started as a hobby in his garage.

A keen techie since high school, Rimac was racing an old BMW when he blew
the engine and decided to turn the car into an electric one starting with
pieces he bought on the Internet.

A decade later, his firm Rimac Automobili is becoming a global leader in
electric vehicle technology, selling Concept One supercars for 850,000 euros
($923,000) each and giving a much-needed boost to Croatia's start-up scene.

"We want to be the best in the world in what we do and we are changing the
world," Rimac told AFP in his factory showroom in the small town of Sveta
Nedelja, near the Croatian capital.

The confident but modest entrepreneur was named by Politico Europe in
December as one of 28 people across the continent who are "shaping, shaking
and stirring Europe".

But mastering the complex technology of electric sports cars and winning
financing was no easy task -- especially in a small country of 4.3 million
people with no automotive industry.

Rimac formed the company in 2009 when he realised there was not much left of
the original vehicle he had transformed in his garage, and the aim was to
build an electric supercar from scratch.

"First we had to create a team, then the know-how by trial-and-error method
to eventually become a company that could make a product," he said.

The company unveiled the Concept One at the 2011 Frankfurt Motor Show, where
nobody expected a small Croatian firm to showcase an electric car that could
reach 100 kilometres (62 miles) per hour in a staggering 2.8 seconds.

Last week at the Geneva International Motor Show, Rimac introduced the
production version of the car along with a prototype of its "evil twin", the
even more powerful Concept S.

"We can't really decide which Rimac creation we'd rather have, so we're off
to get lottery tickets with hopes of buying both," said a review on motoring
news site Autoblog.

Many expected Rimac's success would lead him to move somewhere else, such as
Silicon Valley, Germany or Italy. But instead he has kept the business in
Croatia, a country slowly emerging from six years of recession.

"I want to do it here... I'm stubborn," he said. "I think it is possible, I
mean we are doing very well."

He plans to build another factory in Sveta Nedelja, while his employee
numbers are set to double this year to 300. Their average age is 30, and
many are young engineers straight out of university.

They build most of the supercar parts from scratch on-site -- from the body
and chassis to the power distribution unit and batteries -- sticking to
Rimac's philosophy of creating know-how and jobs instead of outsourcing.

"That's why we are growing so quickly and becoming experts in different
fields," said Rimac, who won financing from three international investors in
2014 and is now in a second round of fundraising.

Two Concept One prototypes, including the red vehicle unveiled in Frankfurt,
were on display behind Rimac as he spoke to AFP, while nearby engineers
worked on three cars to be delivered to the United States, Germany and Italy
within a month.

The firm is producing a limited quantity of just eight Concept One vehicles
for clients who are both motor fanatics and technology afficionados -- and
can afford the hefty price tag.

The supercar may be Rimac's headline product, but he says it is only a
showcase for the company's technology, from infotainment systems to battery
packs, which aim to reach a far wider audience -- in ordinary cars, planes,
ships, bicycles and wheelchairs.

"We are helping the world to go electric. Our business is to implement these
technologies and help other industries to go electric," he said.

Spin-off firm Greyp Bikes, set up in 2013, produces high-performance
electric bicycles that can reach up to 70 kilometres per hour. So far around
80 have been sold around the world for 8,500 euros each.

Rimac said the company was not directly affected by Croatia's problematic
business environment, which sees companies burdened by excessive red tape
and changeable fiscal rules.

But he stressed that a better framework was needed to help the country's
young entrepreneurs, who only succeeded "either by themselves or despite
everything".

"We are creating our own little island here with positive young people... We
are trying to be one of the sparks in Croatia that will trigger the change
that is necessary," he said.
[© 2016 ETAuto.com]



http://nation.com.pk/snippets/07-Mar-2016/electric-supercar-wins-young-croatian-global-fame
Electric supercar wins young Croatian global fame
March 07, 2016  AFP  Sveta Nedelja

[image  
http://nation.com.pk/print_images/large/2016-03-06/electric-supercar-wins-young-croatian-global-fame-1457289757-9532.jpg
]

He's the name behind the world's first electric supercar, winning
international plaudits for his ingenuity. But for Croatia's 28-year-old Mate
Rimac, it all started as a hobby in his garage ...

‘I want to do it here... I'm stubborn,’ he said. ‘I think it is possible, I
mean we are doing very well.’ He plans to build another factory in Sveta
Nedelja, while his employee numbers are set to double this year to 300.
Their average age is 30, and many are young engineers straight out of
university.  They build most of the supercar parts from scratch on-site -
from the body and chassis to the power distribution unit and batteries -
sticking to Rimac's philosophy of creating know-how and jobs instead of
outsourcing. ‘That's why we are growing so quickly and becoming experts in
different fields,’ said Rimac, who won financing from three international
investors in 2014 and is now in a second round of fundraising ...

‘We are helping the world to go electric. Our business is to implement these
technologies and help other industries to go electric,’ he said ...
[© nation.com.pk]




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