Concept_One gets closer to production as Rimac receives an 8 million euro investment

Article by Christian Andrei, on April 30, 2014

Rimac unveiled the Concept_One at the 2011 Frankfurt Motor Show and the vehicle made quite a buzz, as it was a breathtaking electric supercar. Concept_One was powered by four electric motors built by Rimac, which delivered a total output of 1,088 hp. As a result, the Rimac Concept_One is capable to hit 100 km/h (62 mph) in 2.8 seconds, while top speed was 305 km/h or 189.5 mph.

Moreover, the range offered by the Concept_One was an impressive 600 km or almost 373 mph. According to Rimac, their electric supercar uses two 12,000 rpm motors with power electronics and reduction gearboxes. Rimac already draw attention with the Concept_One and it appears that important businessmen want to invest in the company.

One of these businessmen is Frank Kanayet Yepes, a wealthy South American entrepreneur that made its fortune in the oil and energy business.

Now, Frank Kanayet Yepes wants to invest in the clean energy and Rimac seems to be the perfect choice. As a result, he is investing almost one million dollars and now he is waiting the production and delivery of his own electric supercar.

Kanayet Yepes is also a sports car enthusiast and one of the lucky owners of a Ferrari 599XX, as the Italian manufacturer built only 33 units. Still, Rimac Automobili was lucky enough to get another investment, this time even bigger. Sinocop Resources is a well-known minerals and metals company listed on the Hong Kong stock exchange.

The company also announced a non-binding term sheet agreement to buy a 10 percent stake of Rimac Automobili for 5 million euros in cash and 2 million in stock.

Rimac also builds electric bicycles marketed under the Greyp brand. Dubbed G-12, the electric bicycle costs around 6,000 euros or $8,300. The company aims to deliver 100 G-12 bikes by the end of this year.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

In the minivan segment, the 2017 Chrysler Pacifica is already impressive in terms of fuel economy figures – as rated by the United States Environmental Protection Agency. In fact, the...
by - December 2, 2016
Having a blacked-out Bentley Mulsanne Speed is already menacing by itself but by naming it as the Bamford X, it became all the more imposing. This model was made by...
by - December 2, 2016
We have good news for those who are waiting for the latest version of the Mazda CX-5 compact crossover. It was just unveiled in November at the 2016 Los Angeles...
by - December 2, 2016
Those familiar with racing know that Marco Wittmann’s win during the 2016 Deutsche Tourenwagen Masters held last May was noteworthy as it was his second title in four seasons. In...
by - December 2, 2016
Volvo has revealed that while its products are used by a number of police organizations around the world, it will be the Swedish police that will get the first chance...
by - December 2, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries