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16 05 2019 02

Hyundai Motor Group and Rimac Automobili (Rimac) announced a strategic partnership aimed to strengthen the Group’s efforts to lead the high-performance electrified vehicle market and enhance its status as a game changer in Clean Mobility.

Under the new partnership, Hyundai Motor Company and Kia Motors Corporation will each invest €64 million and €16 million, respectively, for a total combined investment of €80 million in Rimac. The companies will work closely together to develop prototypes for an electric version of Hyundai Motor’s N brand midship sports concept car and a high-performance fuel cell electric vehicle with the intent to bring them to market at a later time.

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Tags: Vehicle

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